Jump to content

Ads

  • Search

  • 0
Sign in to follow this  
vistagirl81

I'm Not Sure Where To Put This, Can Anyone Help?

Question

Hello everyone, i just have a question about home loans. My husband was found to be incompetent per the Va due to lack of evidence saying that he is competent (due to his PTSD). Can we still buy a house? His name would have to be on it. I am sorry if this is not the place to put it, thank you.

Share this post


Link to post
Share on other sites

5 answers to this question

Recommended Posts

You can still get the home loan. The competency issue is only for VA Pay

Share this post


Link to post
Share on other sites

Ad


here's some readin' for ya:

http://www.vba.va.gov/ro/houston/lgy/Lende...0May%202009.pdf

somewhere in the training guide it refers to the Lender's Handbook, Chapter 5, Topic 4 (read all you need, just tried to clip and bold-face some for you; there are some hyper-links at the actual web pages that did not copy below) p.s., hope this helps get you close to the right road; looks complicated...

LOANS THAT REQUIRE PRIOR APPROVAL

(Lender’s Handbook, Chapter 5, Topic 4)

All lenders, whether or not they have automatic authority, must submit the following types of loans to VA for prior approval:

Any joint loan where title to the property will be held by the veteran and any person other than the veteran’s spouse.

Loans to veterans in receipt of VA non-service-connected pension.

Loans to veterans rated incompetent by VA.

Interest Rate Reduction Refinancing Loans (IRRRLS) made to refinance delinquent VA loans.

Cooperative loans.

Unsecured loans, or loans secured by less than a first lien.

VA Home Loans Lender's Handbook:

http://www.warms.vba.va.gov/pam26_7.html

(Lender’s Handbook, Chapter 5, Topic 4)

4. Prior Approval Loan Procedures

Change Date September 29, 2008, Change 7

• Subsection a removed cooperative loans from the list of loans requiring prior approval.

• Subsection c, step 2, has been changed to delete references to form numbers for Certificates of Eligibility.

• Subsection j has been changed to delete the requirement for VA Form 26-0285, VA Transmittal List, and the VA Funding Fee receipt. VA Form 26-0285 is no longer required and funding fee information is now automatically captured in VA systems. The subsection has been renumbered.

a. Which Loans are Submitted for Prior Approval? Lenders without automatic authority must submit all loans to VA for prior approval, except IRRRLs made to refinance loans that are not delinquent.

All lenders, whether or not they have automatic authority, must submit the following types of loans to VA for prior approval:

• Joint loans.

• Loans to veterans in receipt of VA nonservice-connected pension.

Loans to veterans rated incompetent by VA.

• Interest Rate Reduction Refinancing Loans made to refinance delinquent VA loans.

• Manufactured home loans (except when the manufactured home is permanently affixed to the lot and considered real estate under state law), unless the lender has been separately approved for this purpose.

• Unsecured loans or loans secured by less than a first lien.

• Supplemental loans.

Note: VA Form 26-8937, Verification of VA Benefits, will indicate whether the veteran receives VA nonservice-connected pension or has been rated incompetent by VA. See “Debt Related to VA Benefits” in section 6 of chapter 4.

That's the end of the clipped portion. There is, of course, much more on the actual process within the two links above. Here is a link to the VA Form 26-8937, Verification of VA Benefits. Towards the bottom of the form it states:

Veteran has been rated incompetent by VA. LOAN APPLICATION WILL REQUIRE PRIOR APPROVAL PROCESSING BY VA.

Under "Instructions to Lender" it states:

Complete Items 1 through 10. Send the completed form to

the appropriate VA Regional Loan Center where it will be

processed and returned to the Lender. The completed form

must be retained as part of the lender’s loan origination

package.

http://www.vba.va.gov/pubs/forms/26-8937.pdf

Edited by out_here04

Share this post


Link to post
Share on other sites

If i am his payee, and we will be getting a VA home loan, will he be denied because he is incompetent? Thanks everyone for trying to help me understand.

Edited by vistagirl81

Share this post


Link to post
Share on other sites

This is as far as I get from the VA Form 26-8937:

Veteran has been rated incompetent by VA. LOAN APPLICATION WILL REQUIRE PRIOR APPROVAL PROCESSING BY VA.

Does anybody know for vistagirl81 HOW this is done? Does submitting the form automatically generate "prior approval processing"? What is her source for asking questions (per the form "Send the completed form to

the appropriate VA Regional Loan Center where it will be processed and returned to the Lender."

Is the VA Regional Loan Center the same as the VA Regional Office?

Should she call the VARO at 1-800-827-1000 and follow the prompts to VA Home Loan reps to get her questions answered?

Share this post


Link to post
Share on other sites
If i am his payee, and we will be getting a VA home loan, will he be denied because he is incompetent? Thanks everyone for trying to help me understand.

i think the answer to this question is "they better damned not". i would hope it is to protect the incompetent veteran by double-checking to make sure a veteran in your husband's category is not being taken advantage of by, oh say an identity thief??? an evil twin? umm use your imagination here. as his bona fide ("in good faith") payee, the va is giving your husband his deserved home loan guaranty THROUGH you.

as an aside tip, if you don't know where to put a va claim OR benefit (like va home loan) question, generally put it in the top forum "VA Claims Research - Veterans Affairs Claims and Benefits Research". if you notice, there is more activity there than the other forums. a lot of "newbies" to hadit put as the topic something like you did "i'm not sure where to put this..." if you would have named your topic something like "va home loan question" it would get more attention.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  


  • Advertisemnt


  • Most Common VA Disabilities Claimed for Compensation:   

    tinnitus-005.pngptsd-005.pnglumbosacral-005.pngscars-005.pnglimitation-flexion-knee-005.pngdiabetes-005.pnglimitation-motion-ankle-005.pngparalysis-005.pngdegenerative-arthitis-spine-005.pngtbi-traumatic-brain-injury-005.png

  • Latest News
  • Our picks

    • If you are a Veteran, represented by MOPH, you need to know that MOPH is closing down its offices.  This can have a drastic effect on your claim, and it wont be good for you.  You likely need to get a new representative.  

      This station confirms MOPH is closing its doors:

      http://www.kwtx.com/content/news/Waco--Purple-Heart-veterans-service-center-to-close-its-doors-480422933.html

       
      • 0 replies
    • Retroactive Back Pay.
      Retroactive Back Pay - #1Viewed Post Week of March 19. 2018

      My claim is scheduled to close tomorrow for my backpay.
      Does anyone know if it does close how long till the backpay hits the bank?
      Also does information only get updated on our claims whenever the site is down?
      • 44 replies
    • Examining your service medical records...
      * First thing I do after receiving a service medical record is number each page when I get to the end I go back and add 1 of 100 and so on.

      * Second I then make a copy of my service medical records on a different color paper, yellow or buff something easy to read, but it will distinguish it from the original.

      * I then put my original away and work off the copy.

      * Now if you know the specific date it's fairly easy to find. 

      * If on the other hand you don't know specifically or you had symptoms leading up to it. Well this may take some detective work and so Watson the game is afoot.

      * Let's say it's Irritable Syndrome 

      * I would start page by page from page 1, if the first thing I run across an entry that supports my claim for IBS, I number it #1, I Bracket it in Red, and then on a separate piece of paper I start to compile my medical evidence log. So I would write Page 10 #1 and a brief summary of the evidence, do this has you go through all the your medical records and when you are finished you will have an index and easy way to find your evidence. 

      Study your diagnosis symptoms look them up. Check common medications for your IBS and look for the symptoms noted in your evidence that seem to point to IBS, if your doctor prescribes meds for IBS, but doesn't call it that make those a reference also.
      • 9 replies
    • How to get your questions answered on the forum
      Do not post your question in someone else's thread. If you are reading a topic that sounds similar to your question, start a new topic and post your question. When you add your question to a topic someone else started both your questions get lost in the thread. So best to start your own thread so you can follow your question and the other member can follow theirs.

      All VA Claims questions should be posted on our forums. Read the forums without registering, to post you must register it’s free. Register for a free account.

      Tips on posting on the forums.

      Post a clear title like ‘Need help preparing PTSD claim’ or “VA med center won’t schedule my surgery” instead of ‘I have a question’.


      Knowledgable people who don’t have time to read all posts may skip yours if your need isn’t clear in the title. I don’t read all posts every login and will gravitate towards those I have more info on.


      Use paragraphs instead of one huge, rambling introduction or story. Again – You want to make it easy for others to help. If your question is buried in a monster paragraph there are fewer who will investigate to dig it out.



      Leading to:

      Post clear questions and then give background info on them.



      Examples:

      A. I was previously denied for apnea – Should I refile a claim?



      I was diagnosed with apnea in service and received a CPAP machine but claim was denied in 2008. Should I refile?




      B. I may have PTSD- how can I be sure?


      I was involved in traumatic incident on base in 1974 and have had nightmares ever since, but I did not go to mental health while enlisted. How can I get help?





      This gives members a starting point to ask clarifying questions like “Can you post the Reasons for Denial from your claim?” etc.

      Note:

      Your firsts posts on the board may be delayed before they show up, as they are reviewed, this process does not take long and the review requirement will be removed usually by the 6th post, though we reserve the right to keep anyone on moderator preview.

      This process allows us to remove spam and other junk posts before they hit the board. We want to keep the focus on VA Claims and this helps us do that.
      • 2 replies
    • I have a 30% hearing loss and 10% Tinnitus rating since 5/17.  I have Meniere's Syndrome which was diagnosed by a VA facility in 2010 yet I never thought to include this in my quest for a rating.  Meniere's is very debilitating for me, but I have not made any noise about it because I could lose my license to drive.  I am thinking of applying for additional compensation as I am unable to work at any meaningful employment as I cannot communicate effectively because of my hearing and comprehension difficulties.  I don't know whether to file for a TDUI, or just ask for additional compensation.  My county Veterans service contact who helped me get my current rating has been totally useless on this when I asked her for help.  Does anyone know which forms I should use?  There are so many different directions to proceed on this that I am confused.  Any help would be appreciated.  Vietnam Vet 64-67. 

Ads



How to get your questions answered.

All VA Claims questions should be posted on our forums. Read the forums without registering, to post you must register it’s free. Register for a free account.

Tips on posting on the forums.

  1. Post a clear title like ‘Need help preparing PTSD claim’ ...
  2. Knowledgable people who don’t have time to read all posts may skip yours if your need isn’t clear in the title ... 
  3. Use paragraphs instead of one huge, rambling introduction or story. Again – You want to make it easy for others to help ...
Continue Reading


  • Advertisemnt

  • Advertisemnt

  • Ads

  • 14 Questions about VA Disability Compensation Benefits Claims

    questions-001@3x.png

    When a Veteran starts considering whether or not to file a VA Disability Claim, there are a lot of questions that he or she tends to ask. Over the last 10 years, the following are the 14 most common basic questions I am asked about ...
    Continue Reading
     
  • Can a 100 percent Disabled Veteran Work and Earn an Income?

    employment 2.jpeg

    You’ve just been rated 100% disabled by the Veterans Affairs. After the excitement of finally having the rating you deserve wears off, you start asking questions. One of the first questions that you might ask is this: It’s a legitimate question – rare is the Veteran that finds themselves sitting on the couch eating bon-bons … Continue reading

×

Important Information

{terms] and Guidelines