Recent changes to the VA IRRRL explained | Circular 26-19-22

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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.

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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:

https://lowvarates.com/

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This video is not intended for residents or homeowners in the states of WA, NY, or MA.

Low VA Rates NMLS#: 1109426 #VAhomeloan Archived video notice: This video is not current and may contain content that, while accurate when recorded, may not reflect current market conditions. As is customary on the YouTube platform, older videos remain in our account for transparency and statistical purposes, and we do not necessarily have control over which older archived videos YouTube’s algorithm may suggest for you. For that reason, please always check the date of a video to ensure that it is dated recently before relying on its contents. The mortgage market is very dynamic and laws, regulations, rates, and programs are always changing. If we have a more up-to-date video on the same subject, you should be able to sort our videos by date uploaded on our main channel landing page:    / lowvarates  . This video is not applicable to borrowers in the State of Washington.
This video is not intended for residents or homeowners in the states of NY or MA.