In field 47: Remarks is where you would list any important factors as you were reviewing the loan or a summary as to why a marginal loan was approved or a loan denied. This section should list compensating factors for marginal loans, why you included income with less than one year's history, acceptance of marginal credit, annotation concerning a debt that was disregarded, etc. THIS FIELD IS EXTREMELY IMPORTANT AND SHOULD BE UTILIZED BY THE UNDERWRITER IN MANY CASES TO DOCUMENT UNUSUAL CIRCUMSTANCES OR EXPLAIN THE REASONING FOR APPROVING/DENYING. It's purpose is to allow anyone reviewing the file to be able to easily follow your train of thought. You can also record the CAIVRS reference numbers and if the veteran's record is clear of federal debt in this field. Learn more about this topic in the Rendering Final Decision lesson. References to the Remarks section are found throughout the VA Lender's Handbook.