source:
  type: guide
  id: va-m26-7-ch05-t04
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 5, Topic 4 — Automatically
    Closed Loan Procedures
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 5, Topic 4 — Automatically
    Closed Loan Procedures.
  coverage_tier: operative
obligations:
- id: va-m26-7-ch05-t04-full
  canonical_id: va-m26-7-ch05-t04-full
  section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 5, Topic 4 — Automatically
    Closed Loan Procedures
  type: do
  tags:
  - regulator-direct
  - va
  - va-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 5, Topic 4 — Automatically
      Closed Loan Procedures
    source_class: va-handbook
    source_url: https://www.benefits.va.gov/warms/pam26_7.asp
    snapshot_id: 13ca1f98805e1a58
    fetched_at: '2026-05-23T01:53:53Z'
    content_hash: sha256:90ed18e04de81cd5072c187243efc82c729509a4244a5ab176844838f090b134
    paragraph_quote: '4. Automatically Closed Loan Procedures Change Date April 1,
      2019 • This chapter has been revised in its entirety. a. How to Request Guaranty
      The LGC is the lender''s evidence that VA has guaranteed the loan. See Chapter
      3 of this handbook for an explanation of what evidence of guaranty means to
      the lender. Lenders must use WebLGY to obtain electronic LGCs. Exceptions to
      an automatically issued LGC in WebLGY include, but not limited to: • the loan
      was underwritten as a prior approval and VA issued a certificate of commitment
      in WebLGY, and • the Veteran/Veteran joint loan where the Veterans are married
      and using both of their entitlement. b. Documents Required if the Lender is
      Unable to Obtain an Electronic LGC Continued on next page If a lender is unable
      to obtain an electronic LGC, the following documents should be uploaded into
      WebLGY, in the order listed: Order Document 1 Lender’s cover or transmittal
      letter. See Topic 5.04a5(d) of this chapter. 2 VA Form 26-0286, VA Loan Summary
      Sheet 3 COE 4 VA Form 26-1820, Report and Certification of Loan Disbursement
      5 Closing Disclosure 6 Name, mailing address, and e-mail address to be used
      in requesting the file for FFLR 7 If a loan is submitted more than 60 days after
      loan closing, a statement signed by a corporate officer of the lender which
      identifies the loan, provides the specific reasons for late reporting and certifies
      that the loan is current. This statement must be submitted with any late request
      for issuance of an LGC. 8 Copy of the note and all riders 9 For purchase and
      regular “cash-out” refinances, evidence of compliance with all NOV requirements/conditions
      VA will then issue the LGC or notify the lender of additional information needed
      for LGC issuance. VA Pamphlet 26-7, Revised Chapter 5: How to Process VA Loans
      and Submit them to VA 5-17 4. Automatically Closed Loan Procedures, continued
      c. Full File Loan Review Procedures Lenders will be notified, either immediately
      by WebLGY or in writing by VA offices, when a loan has been selected for FFLR.
      Lenders must upload the complete loan file in the proper stacking order to WebLGY
      within 15- calendar days of receiving notification from VA. Each individual
      upload is limited to 30 MB, with scanners set at 300 dpi and black and white.
      If the loan file is larger than 30 MB, the file should be uploaded in separate
      uploads; however, the proper stacking order must be maintained. The following
      documents should be submitted when a FFLR notification has been received for
      a purchase or regular “cash-out” refinance: Order Document 1 Lender’s cover
      or transmittal letter (if used) 2 VA Form 26-8937, Verification of VA Benefits
      (if applicable) 3 Evidence of compliance with NOV requirements. 4 URLA with
      revised VA Form 26-1802a, HUD/VA Addendum to URLA. These final forms must be
      properly completed and legible. Forms may be signed and dated anytime from the
      date of initial application to the date of loan closing. 5 Closing Disclosure
      Statement 6 VA Form 26-8497, Request for Verification of Employment, or alternative
      VOE, and other verifications of income such as pay stubs and tax returns. 7
      CAIVRS: borrower/co-borrower 8 All credit reports obtained in connection with
      the loan and any related documentation such as explanations for adverse credit,
      if required. 9 VA Form 26-8497a, Request for Verification of Deposit, or alternative
      VOD, and other related documents Continued on next page VA Pamphlet 26-7, Revised
      Chapter 5: How to Process VA Loans and Submit them to VA 5-18 Continued on next
      page c. Full File Loan Review Procedures, continued 10 For automated underwriting
      cases: feedback certificate and underwriter’s certification 11 VA Form 26-1820,
      Report and Certification of Loan Disbursement 12 VA Form 26-6393, Loan Analysis
      13 VA Form 26-0286, VA Loan Summary Sheet 14 If a loan is submitted more than
      60 days after loan closing, a statement signed by a corporate officer of the
      lender which identifies the loan, provides the specific reasons for late reporting
      and certifies that the loan is current. This statement must be submitted with
      any late request for issuance of an LGC. 15 VA Form 26-0592, Counseling Checklist
      for Military Homebuyers, if the applicant is on active duty 16 Loan estimate
      17 Other necessary documents (for example – but not limited to, POA if used,
      lenders loan quality certification) 18 Copy of the note and all riders The following
      documents should be submitted when a FFLR notification has been received for
      an IRRRL: Order Document 1 Lender’s cover or transmittal letter (if used) 2
      Closing Disclosure Statement (CD) 3 VA Form 26-8937, Verification of VA Benefits,
      (if applicable) 4 VA Form 26-1820, Report and Certification of Loan Disbursement
      4. Automatically Closed Loan Procedures, continued VA Pamphlet 26-7, Revised
      Chapter 5: How to Process VA Loans and Submit them to VA 5-19 4. Automatically
      Closed Loan Procedures, continued Continued on next page c. Full File Loan Review
      Procedures, continued 5 Statement signed by the Veteran acknowledging the effect
      of the refinancing loan on the Veteran’s loan payments and interest rate. •
      The statement must show the interest rate and monthly payments for the new loan
      versus that for the old loan. • The statement must also indicate how long it
      will take to recoup ALL closing costs (both those included in the loan and those
      paid outside of closing). If applicable, the Veteran’s statement may be combined
      with the lender’s certification that the Veteran qualifies for the new monthly
      payment which exceeds the previous payment by 20 percent or more. 6 VA Form
      26-8923, Interest Rate Reduction Refinancing Loan 7 Lender’s certification that
      the prior loan was current (not 30 days or more past due) at the time of loan
      closing. 8 CAIVRS: borrower/co-borrower. 9 URLA with revised VA Form 26-1802a,
      HUD/VA Addendum to URLA. These final forms must be properly completed and legible.
      Forms may be signed and dated anytime from the date of initial application to
      the date of loan closing. 10 VA Form 26-0503, Federal Collection Policy N i
      11 VA Form 26-0286, VA Loan Summary Sheet 12 If a loan is submitted more than
      60 days after loan closing, a statement signed by a corporate officer of the
      lender which identifies the loan, provides the specific reasons for late reporting
      and certifies that the loan is current. This statement must be submitted with
      any late request for issuance of an LGC. 13 VA Form 26-0592, Counseling Checklist
      for Military Homebuyers, if applicant is on active duty 14 Loan Estimate VA
      Pamphlet 26-7, Revised Chapter 5: How to Process VA Loans and Submit them to
      VA 5-20 4. Automatically Closed Loan Procedures, continued c. Full File Loan
      Review Procedures, continued 15 Documentation of the cost of energy efficiency
      improvements included in the loan. For cash reimbursement of the Veteran, the
      improvements must have been completed within the 90 days immediately preceding
      the date of the loan (see Chapter 7 of this handbook). 16 Other necessary documents.
      For example, but not limited to, POA, and lenders loan quality certification.
      17 Copy of the note and all riders 18 Copy of a loan modification agreement,
      if the loan to be paid off is a modified loan. It is not necessary to provide
      a copy of the deed, mortgage, title policy, purchase agreement, appraisal with
      the package. If VA finds significant deficiencies in a loan submission, the
      lender will be notified. Lenders must upload a response in WebLGY within 30-calendar
      days of receipt of any deficiency letter requesting clarification or additional
      documentation. Failure to respond to VA’s requests for additional documentation
      can lead to non-compliance with VA guidelines which can affect a lender’s ability
      to maintain automatic authority. VA Pamphlet 26-7, Revised Chapter 5: How to
      Process VA Loans and Submit them to VA 5-21'
  judgment: false
