VA Form 26-6393: Loan Analysis

Enter the LOAN NUMBER; in SECTION A, LOAN DATA, enter Box 1 NAME OF BORROWER, Box 2 AMOUNT OF LOAN and Box 3 CASH DOWN PAYMENT ON PURCHASE PRICE.

In SECTION B, BORROWER'S PERSONAL AND FINANCIAL STATUS, enter Box 4 APPLICANT'S AGE, Box 5 OCCUPATION OF APPLICANT, Box 6 NUMBER OF YEARS AT PRESENT EMPLOYMENT, Box 7 LIQUID ASSETS (Cash, savings, bonds, etc.) and Box 8 CURRENT MONTHLY HOUSING EXPENSE.

For Box 9 UTILITIES INCLUDED, mark YES or NO.

Enter Box 10 SPOUSE'S AGE, Box 11 OCCUPATION OF SPOUSE, Box 12 NUMBER OF YEARS AT PRESENT EMPLOYMENT and Box 13 AGE OF DEPENDENTS.

NOTE: round all dollar amounts to the nearest whole dollar.

In SECTION C, ESTIMATED MONTHLY SHELTER EXPENSES (This Property), enter Box 14 TERM OF LOAN in YRS.

For Box 15 MORTGAGE PAYMENT (Principal and Interest) @, enter the % and the AMOUNT.

Enter the AMOUNT for Box 16 REALTY TAXES, Box 17 HAZARD INSURANCE, Box 18 SPECIAL ASSESSMENTS, Box 19 MAINTENANCE & UTILITIES and Box 20 OTHER (HOA, Condo fees, etc.).

Enter the TOTAL for Box 21.

In SECTION D, DEBTS AND OBLIGATIONS, itemize and indicate by ( ) which debts are considered in Section E, Line 40.

For each of the debts in Boxes 22 to 28, enter the ITEMS, the MO. PAYMENT and the UNPAID BAL.

Enter the MO. PAYMENT for Box 29 JOB RELATED EXPENSE (e.g., child care).

Enter the TOTAL for Box 30: the MO. PAYMENT and the UNPAID BAL.

For Section D, please use reverse or attach a separate sheet if additional space is needed.

In SECTION E, MONTHLY INCOME AND DEDUCTIONS, enter the SPOUSE, the BORROWER and the TOTAL for each line.

Enter Box 31 GROSS SALARY OR EARNINGS FROM EMPLOYMENT.

Under DEDUCTIONS, enter Box 32 FEDERAL INCOME TAX, Box 33 STATE INCOME TAX, Box 34 RETIREMENT OR SOCIAL SECURITY and Box 35 OTHER (Specify).

Enter Box 36 TOTAL DEDUCTIONS, Box 37 NET TAKE-HOME PAY, Box 38 PENSION, COMPENSATION OR OTHER NET INCOME (Specify) and Box 39 TOTAL (Sum of lines 37 and 38).

Enter Box 40 LESS THOSE OBLIGATIONS LISTED IN SECTION D WHICH SHOULD BE DEDUCTED FROM INCOME, Box 41 TOTAL NET EFFECTIVE INCOME and Box 42 LESS ESTIMATED MONTHLY SHELTER EXPENSE (Line 21).

Enter Box 43 BALANCE AVAILABLE FOR FAMILY SUPPORT under GUIDELINE and in the TOTAL.

Enter Box 44 RATIO (Sum of Items 15, 16, 17, 18, 20 and 40) / (sum of Items 31 and 38) as a %.

For Box 45a WAS AN AUTOMATED UNDERWRITING SYSTEM USED?, mark YES or NO (If "YES," complete Item 45b).

For Box 45b SELECT SYSTEM USED (Check appropriate box), mark LP, DU or OTHER.

For Box 45c RISK CLASSIFICATION, mark ACCEPT or REFER.

Enter Box 46 BORROWER MEDIAN CREDIT SCORE, Box 47 BORROWER CAIVRS, Box 48 CO-BORROWER MEDIAN CREDIT SCORE and Box 49 CO-BORROWER CAIVRS.

For Box 50 PAST CREDIT RECORD, mark SATISFACTORY or UNSATISFACTORY; for Box 51 DOES LOAN MEET VA CREDIT STANDARDS?, mark YES or NO. Give reasons for decision under "Remarks," if necessary, e.g., borderline case.

Enter Box 52 VA APPROVED UNDERWRITER ID (Not required for Supervised Lenders).

In Box 53 REMARKS, if additional space is needed, use reverse or attach a separate sheet.

In SECTION F, DISPOSITION OF APPLICATION AND UNDERWRITER CERTIFICATION, check Recommend that the application be approved since it meets all requirements of Chapter 37, Title 38, U.S. Code and applicable VA Regulations and directives, or Recommend that the application be disapproved for the reasons stated under "Remarks".

The undersigned underwriter certifies that he/she personally reviewed and approved this loan (Loan was closed on the automatic basis).

Enter Box 54 DATE SIGNED and Box 55 SIGNATURE OF VA APPROVED UNDERWRITER.

For Box 56 FINAL ACTION, mark APPROVE APPLICATION or REJECT APPLICATION, then enter Box 57 DATE SIGNED and Box 58 SIGNATURE AND TITLE OF APPROVING OFFICIAL.

VA FORM 26-6393, SEP 2025, SUPERSEDES VA FORM 26-6393, AUG 2022, WHICH WILL NOT BE USED.