What is a nearest living relative statement VA loan?

The VA requires all mortgage applicants to furnish a form designating a "nearest living relative". It's not a standardized, official VA form but rather a letter or lender generated form stating who the veteran's family contact is in case the VA has lost touch with the borrower.

What is a VA nearest living relative statement?

(Required on all VA loans) The Department of Veterans Affairs requires all VA borrowers to provide the lender with the name, address and phone number of their nearest living relative.

What is required for nearest living relative?

The "nearest" part of the form means the closest relative in blood rather than distance. if your mother-in-law lived a mile away but your brother lived across the country, your brother would be considered to be your "nearest" living relative.

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Q: What is required for nearest living relative?

The &quot;nearest&quot; part of the form means the closest relative in blood rather than distance. if your mother-in-law lived a mile away but your brother lived across the country, your brother would be considered to be your &quot;nearest&quot; living relative.

Low: Relative’s Full Name: ________________________________________________________ Relationship: ______________________________________________________ Complete Street Address: __________________________________________________________ __________________________________________________________ __________________________________________________________ Phone: ____________________________________________________________ I certify that the above person is my nearest living relative. ____________.

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