Underwriting Guidelines— VA Interest Rate Reduction ...

Underwriting Guidelines (VA IRRRL Loans) Mortgage Lending Division Version 3.2 – 01/06/20 CMS Policies & Procedures Page 6 of 17 Proprietary and confidential. For Internal use only. Do not distribute externally. VA IRRRL LOAN UNDERWRITING VA IRRRL Definition An IRRRL is a VA-guaranteed loan made to refinance an existing VA-guaranteed loan, ................
................