Underwriting Guidelines— VA Interest Rate Reduction ...
- Interest Rate Lock-In Fee - Tax Service Fee - Reconveyance Fees ... REDUCTION . REFINANCE . LOANS IRRRLs . FOR . LENDERS . April 2008 ; What is the purpose of doing an ; IRRRL loan on an existing ; VA loan? To refinance the existing VA loan ; at a lower interest rate. Does the interest rate have to be ; lower on the IRRRL than on the ; ................
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