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T1 VA High Confidence Guidance

VA Circular 26-26-1: Updates to VA’s State Fees and Charges Deviations List

Administrative update to VA's approved state fee deviations list for home loan processing

LOW
Impact Level
Top: Compliance (2)

Advisory Assessment

Impact. Your VA loan processing must immediately adopt the updated State Fees and Charges Deviations List, which revises which state-specific fees VA will allow beyond standard charges. This affects fee calculations and loan pricing for all VA loans closed since February 17, 2026, requiring immediate adjustment of your processing workflows and system configurations.

Risk. Operations teams face the highest exposure if they continue using the outdated deviations list, which could result in improper fee assessments that trigger VA compliance findings during routine loan file reviews. The retroactive effective date compounds this risk since any loans processed between February and now using incorrect fee standards are already non-compliant.

Recommended Action. Operations should immediately pull and compare the new deviations list against current processing procedures to identify state-specific changes, then update loan origination systems and retrain processing staff on revised fee allowances. Compliance should audit any VA loans closed since February 17 to confirm proper fee application under the new standards.

Watch. Monitor for any VA guidance clarifying treatment of loans already closed with fees calculated under the previous list, and track whether your state appears on future updates to the deviations list that could affect pricing competitiveness.

Classification

Regulatory Program
VA Home Loan Guaranty
Doc Type
Guidance
Effective Date
2026-02-17
Days to Action
Comment Deadline
Published
2026-02-17

Urgency Basis

Document is effective for loans closed on or after February 17, 2026, and lenders are expected to 'immediately utilize' the new list. Given today's date of May 15, 2026, this is already in effect and requires immediate compliance.

Operational Context

Flags
Retroactive Provision
Affected Functions
Compliance Operations
Institution Applicability
All

Impact by Category

Compliance
2
Operational
2
Data Governance
0
Model Risk
0
Reporting & Disclosure
1
Capital & Liquidity
0
Consumer Protection
1
Third-Party Risk
0

Key Requirements

- Immediately implement the updated VA State Fees and Charges Deviations List - Apply new fee deviations to all VA loans closed on or after February 17, 2026 - Continue following itemized fees and charges procedures from Circular 26-24-19 - Update loan processing systems and staff training on new state-specific fee allowances

Scoring Rationale

This is a routine administrative update to VA's approved fee deviations list. While it requires immediate implementation, the impact is limited to VA loan processing workflows and fee calculations. The change is operational in nature, updating existing procedures rather than creating new regulatory obligations. Scores reflect the need for prompt implementation but recognize the limited scope and incremental nature of the change.

Scored: 2026-05-16T00:39:44.141Z Model: claude-sonnet-4-20250514 Confidence: High Aggregate Score: 1.5
AI Analysis Disclosure — This record, including its scores, impact assessments, and Advisory Assessment (impact, risk, and recommended actions), was generated by an AI model and may contain errors or omissions. The Advisory Assessment is a starting point for analysis, not a substitute for professional judgment. Effective dates, applicability determinations, impact assessments, and any recommended actions should be independently verified against primary regulatory source documents and reviewed by qualified compliance or legal personnel before taking compliance action. This output does not constitute legal or compliance advice.