VA Childcare Expense
VA underwriting certification verifying recurring childcare costs or confirming zero monthly dependent childcare expenses.
Packaging & Submission Instructions
Originator Guidance: Complete and execute this form prior to upload with the initial loan submission package in the Corva Wholesale Broker Portal or Fannie Mae Desktop Originator.
Ensure all borrower signatures, entity documentation (for LLC or corporate borrowers), and applicable disclosures match the 1003 loan application. For assistance packaging this document, contact the Corva Broker Operations Desk at [email protected].
Form Description & Requirements
Residual Income Calculation Protocols
VA underwriting standards require strict evaluation of family residual income based on regional family size benchmarks. The VA Childcare Expense Certification quantifies monthly childcare expenditures for dependent children or certifies that childcare is provided at zero cost by a non-working spouse or family member.