|Military Jokes & Humor|
|The VA Loan|
Some years ago, a New Orleans lawyer sought a direct Veterans Administration loan for a client. He was told that the loan would be approved if he could provide proof of clear title to the property offered as collateral. The title for the property in question was complicated and he spent a considerable amount of time reviewing all pertinent documents back to 1803. Satisfied with the depth and expanse of his examination, he submitted the information to the VA.
received a reply from the VA.:
received your letter today enclosing application for a loan for your client,
supported by abstract of title. The application forms are complete, but
you have not cleared the title before the year 1803. Therefore, before
full review and possible approval can be accorded the application, it
will be necessary that the title be cleared back before that year."
the lawyer wrote the V.A.:
letter regarding titles in case #9378329 received. I note that you wish
titles extended further back than I have presented. Your attention is
invited to the following information to update your records for the property
prior to 1803: