Va Loan Summary Sheet (26-0286); Va Loan Comparison; Va Certificate Of Eligibility (26-1880); Va Verification Of Benefit-Related Indebtedness (26-8937) - Calyx Point 7 User Manual

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FHA and VA loans

VA Loan Summary Sheet (26-0286)

The 26-0286 enumerates the basic facets of the loan, including information about the
applicant, property, financing, and purpose of loan.
All closed loan packages that you submit to the VA for a loan guaranty must include the VA
Loan Summary Sheet, VA form 26-0286. To open the VA Loan Summary Screen:
Open a borrower file.
1
Select Forms > Veterans Administration (VA) > VA Loan Summary (26-0286).
2

VA Loan Comparison

This form is provided for borrowers refinancing VA loans. To open the VA Loan
Comparison:
Open a prospect or borrower file.
1
Select Forms > Veterans Administration (VA) > VA Loan Comparison.
2

VA Certificate of Eligibility (26-1880)

To determine whether a veteran is eligible for a loan, and to determine the amount of
available entitlement, use this form. It can be submitted by veterans or lenders. You must
obtain the subsequent Certificate of Eligibility prior to the loan closing to ensure that a
veteran is eligible and possesses sufficient entitlement for a VA loan.
To open this form:
Open a borrower file.
1
Select Forms > Veterans Administration (VA) > VA Request for a Certificate of
2
Eligibility (26-1880).
If any data on this screen has not been populated from other sources, enter the name,
3
address, DOB, and phone.
In the MILITARY SERVICE DATA section, enter all service information and save and
4
close the screen.
VA Verification of Benefit–Related Indebtedness (26-8937)
The borrower's information is populated from the
data and mark the applicable Certification check box. To access this form:
Open a borrower file.
1
Select Forms > Veterans Administration (VA) > VA Verification of Benefit (26-
2
8937).
194
Important
You must submit VA form 26-1880, Request for a Certificate of Eligibility
for VA Home Loan Benefits, to determine the eligibility before sending a
Loan Application
to the VA. You must send Proof of all listed military
duties to the VA along with this completed form.
Loan Application
. Enter any missing
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