The VA Loan Processing Information feedback messages will assist you in validating information transmitted to Loan Prospector. These messages appear on the Feedback Certificate in the Loan Processing Information section.
Updated: November 2011
Code
VA Loan Processing Information Feedback Messages
3B
{Selected Credit Score} is the Loan Prospector selected credit score from {Selected Repository} for {Selected Borrower}.
3L
Merged Credit Reference Number for ~Borr1~ is ~Borr1MCRN~.
AJ
Review for accuracy: FHA and VA Underwriting Guidelines vary for temporary subsidy buydowns. Refer to Handbook and submit allowable PITI for qualifying.
BU
The ratios on this loan were submitted with {$Simulated PITI amount} as the simulated PITI, which should be 1% greater than the note rate per FHA/VA guidelines.
BW
This VA loan was submitted with {$VA Residual Income amount} in residual income for a household size of {household size} in {Property State}.
EA
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 1} indicates occupancy, but property address differs from his/her current address.
EB
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 2} indicates occupancy, but property address differs from his/her current address.
EC
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 3} indicates occupancy, but property address differs from his/her current address.
ED
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 4} indicates occupancy, but property address differs from his/her current address.
EE
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 5} indicates occupancy, but property address differs from his/her current address.
EF
Review for accuracy: Social security number for {Borrower 1} does not fall within normal parameters.
EG
Review for accuracy: Social security number for {Borrower 2} does not fall within normal parameters.
EH
Review for accuracy: Social security number for {Borrower 3} does not fall within normal parameters.
EJ
Review for accuracy: Social security number for {Borrower 4} does not fall within normal parameters.
EK
Review for accuracy: Social security number for {Borrower 5} does not fall within normal parameters.
EQ
Review for accuracy: This loan was submitted with zero reserves.
ES
Review for accuracy: Property type was not submitted as condo, however condo development name was provided.
ET
Review for accuracy: Property type was not submitted as condo, however condo class was provided.
EX
The information in this section is for validation purposes only. For documentation requirements, please refer to the Documentation Guidelines section on this feedback certificate.
EY
This loan was submitted as a cash-out refinance with cash-out amount of {$cash-out amount}.
EZ
This loan was submitted as a no cash-out refinance.
G0
This loan was submitted with {$asset type - depository} in depository accounts (checking, savings and/or money market).
G1
This loan was submitted with {$reserves} in reserves.
G5
This loan was submitted with net proceeds of {$asset type - sale of home} from the sale of a home.
GA
Review for Accuracy: Verify submitted loan amount calculation meets FHA or VA eligibility requirements.
LP
Review for Accuracy: VA underwriting and appraisal guidelines vary for Proposed/Under Construction loans. It is the lender's responsibility to ensure all such guidelines are met. Please refer to the VA Lender's Handbook for additional information.
MM
The ratios for this VA ARM loan were calculated using a PITI of $~SimPITI~. The PITI was determined by using the note rate plus 1%, per VA Guidelines.
MN
Review for Accuracy: The ARM initial adjustment percentage on this VA ARM is limited to a maximum increase or decrease of 1%, per VA guidelines. Loan Prospector does not capture this data.
MP
Review for Accuracy: The ARM initial adjustment percentage on this VA ARM is limited to a maximum increase or decrease of 2%, per VA guidelines. Loan Prospector does not capture this data.
UQ
Review for accuracy: Social Security Number {User-entered Social Security Number}for {Borrower Name} submitted to LP does not match the Social Security Number {Borrower Repository SSN} reported in the selected infile from {Repository Name}
UR
Review for accuracy: Social Security Number {User-entered Social Security Number}for {Borrower Name} submitted to LP does not match the Social Security Number {Borrower Repository SSN} reported in the selected infile from {Repository Name}
US
Review for accuracy: Social Security Number {User-entered Social Security Number}for {Borrower Name} submitted to LP does not match the Social Security Number {Borrower Repository SSN} reported in the selected infile from {Repository Name}
UT
Review for accuracy: Social Security Number {User-entered Social Security Number}for {Borrower Name} submitted to LP does not match the Social Security Number {Borrower Repository SSN} reported in the selected infile from {Repository Name}
UU
Review for accuracy: Social Security Number {User-entered Social Security Number}for {Borrower Name} submitted to LP does not match the Social Security Number {Borrower Repository SSN} reported in the selected infile from {Repository Name}
UV
Review for accuracy: {Borrower Name} has multiple or repeating Social Security Numbers reported in the selected infile from {Repository Name}.
UW
Review for accuracy: {Borrower Name} has multiple or repeating Social Security Numbers reported in the selected infile from {Repository Name}.
UX
Review for accuracy: {Borrower Name} has multiple or repeating Social Security Numbers reported in the selected infile from {Repository Name}.
UY
Review for accuracy: {Borrower Name} has multiple or repeating Social Security Numbers reported in the selected infile from {Repository Name}.
UZ
Review for accuracy: {Borrower Name} has multiple or repeating Social Security Numbers reported in the selected infile from {Repository Name}.
