The VA has recently announced it will now require the Veteran’s Statement (VA Rate Reduction Certification Form) to be completed and sent to the veteran for signature within 3 business days of application for all VA IRRRLs. Please make sure…
EFFECTIVE TODAY, February 1, 2018: See table below for VA Fees and Timeliness for Origination and Liquidation Appraisals in the states of Arkansas, Louisiana, Oklahoma and Texas.
Beginning with Locks dated on or after January 1, 2018, all FHA/VA Refinance Loans must adhere to Ginnie Mae guidelines issued 12/7/2017 (APM 17-06). Any FHA/VA loan being refinanced MUST meet the following guidelines: a) The borrower has made at least six consecutive…