Recent Changes to the VA IRRRL Explained | Circular 26-19-22
Recently, the VA Home Loan Guarantee Division issued a new circular (Circular 26-19-22) that completely changes the VA IRRRL landscape for both veterans and VA-approved lenders. It has affected requirements for things like discount points, seasoning, and cost recoupment.
If you’re a veteran looking to do a VA Interest Rate Reduction Refinance Loan (VA IRRRL/ Streamline) or a VA lender, you’ll want to know about these changes. Eric Kandell, Low VA Rates president and loan expert, goes over the details in this video.
About Low VA Rates:
Low VA Rates is a VA-approved mortgage lender that was built out of a desire to help veterans access their VA home loan benefits. With over 10 years of experience specializing in the VA loan, you can trust the Low VA Rates team to help you find a mortgage with great rates and terms.
For more information, visit our website:
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This video is not intended for residents or homeowners in the states of WA, NY, or MA.
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