Notification of Immediate Termination of Vendee Loans

January 28, 2003

1. Effective for all listings dated on or after January 31, 2003, the VA will no longer offer vendee financing. VA will continue to accept and use the Offer to Purchase and Contract of Sale (VA Form 26-6705); however, in Section II, only Items 7A through H will be completed. These items pertain only to cash offers.
   
   
2. In the event that a listing issued prior to January 31, 2003, is subject to a bid period which extends beyond January 31st, offers submitted with vendee financing will still be considered.

Dept. of Veterans Affairs