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Greetings,
This communication announces the publication of VA Circular 26-25-1, Elimination of Builder Identification Number for Certain Guaranteed Loans and Updates to Builder Complaint Process.
Purpose. Updates have been made to VA Lender’s Handbook, Chapter 5 (M26-2). The Department of Veterans Affairs (VA) is rescinding the procedure for builders to request a VA builder identification number for processing VA-guaranteed loans on new and proposed construction properties. VA is also updating the process for addressing complaints about builders received from Veterans.
For more information, Circular 26-25-1 can be found at: https://www.benefits.va.gov/HOMELOANS/documents/circulars/26-25-01.pdf
Circulars for calendar years 2021 to present can be found at: https://www.benefits.va.gov/HOMELOANS/resources_circulars.asp
If you have any questions about this Circular, please submit them through ServiceNow.
Sincerely,
Loan Guaranty Service
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