VA Applicable Credit Warranties and Waivers Feedback Messages
The VA Applicable Credit Warranties and Waivers 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, Applicable Credit Warranties and Waivers subsection.
Updated: November 2011
Code
VA Applicable Credit Warranties and Waivers Feedback Messages
FI
CAIVRS Warranty: CAIVRS Authorization for all borrowers must not indicate a delinquent obligation/claim payment.
V9
Ratio Warranty: Not required to determine if the borrower's monthly housing and monthly debt ratios meet program requirements.
VX
Credit Warranty: Not required to determine that the borrower shows the willingness to repay.
VY
Credit Warranty: Required to determine that the borrower shows the willingness and financial ability to repay.
VZ
Ratio Warranty: Required to use the debt ratio as a guide to determine whether or not the loan will be granted.
