38 CFR – Underwriting criteria, operating measures, bank responsibility, and you may financial degree

(a) Usage of requirements. The standards within sentences (c) because of (j) regarding the part could well be familiar with determine whether brand new veteran’s expose and you may forecast money and you will expenses, and credit rating, try sufficient. S.C. 3710(a)(8) except for instances when the new Assistant is required to agree the fresh mortgage beforehand lower than .

(1) Waiver away from conditions. Use of the standards during the paragraphs (c) as a result of (j) on the point having underwriting home loans will be waived just during the outrageous facts if the Secretary decides, considering the totality from points, your seasoned are a suitable borrowing from the bank risk.