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Get Indebtedness Disclosure
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How to fill out the Indebtedness Disclosure online
Filling out the Indebtedness Disclosure can seem daunting, but with the right guidance, you can navigate it smoothly. This document is essential for borrowers who may have specific indebtedness related to VA benefits.
Follow the steps to complete your Indebtedness Disclosure form online.
- Click the 'Get Form' button to access the Indebtedness Disclosure and open it in your browser.
- Begin with the first section, which asks whether the borrower is receiving VA disability benefits. Select 'Yes' or 'No' based on your situation.
- The next question inquires if the borrower is entitled to receive VA disability benefits but for the receipt of retired pay. Again, select 'Yes' or 'No'.
- You will also need to indicate if you have received VA disability benefits in the past. Choose 'Yes' or 'No'.
- Answer whether you are the surviving spouse of a veteran who died on active duty or due to a service-connected disability, selecting 'Yes' or 'No'.
- If you answered 'Yes' to any of the previous questions, ensure that you obtain the VA Benefit-Related Indebtedness form. If 'No', keep the answers in your records for submission.
- Indicate if you have ever utilized your VA certificate by selecting 'Yes' or 'No'. If 'Yes', provide evidence that the house has been paid off or sold.
- Complete the section for your nearest living relative. Provide their name, street address, city, state, zip code, area code, phone number, and your relationship to the veteran.
- Ensure the veteran's signature and date are filled out. If there is a co-borrower, they must provide their signature and date as well.
- Once all sections are completed, you can save the changes, download the form, print it, or share it as needed.
Complete the Indebtedness Disclosure form online today to ensure your benefits are accurately documented.
According to VA Circular 26-16-12, this form is no longer in the mandatory stacking order for files selected for VA full file loan review of all loan applications submitted to VA on, or after, June 1, 2016. When contacted, the VA verified that this form is not required, but many lenders still use it.
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