Tag: term reduction

VA IRRRL Term Reduction & Fee Recoupment

Question: I have a veteran wanting to do VA IRRRL, but with 15 yr. term. His interest rate will be 1.375% lower, but his payment will go up. Do fee recoupment requirements apply? Your chart says if PI payment goes up, the veteran can incur no fees? Can you explain requirements to proceed on this […]

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