VA Instructions regarding Documentation of Allowable Fees and Charges on the CD

The Department of Veterans Affairs (VA) has issued updated instructions clarifying 1) how lenders should complete the TRID Closing Disclosure in order to meet VA program requirements regarding allowable fees and charges which are charged to the borrower and 2) how to itemize lender and seller credits. The details are provided in VA Circular 26-17-11 and accompanying exhibits. The clarifications apply to loans originated on or after July 2, 2017. Please see the VA Circular for details.

Following is a link to the VA website where Circular 26-17-11 and attachments can be found.

http://www.benefits.va.gov/HOMELOANS/resources_circulars.asp