Audit Update
Description
New audit to check if the current balance is provided for the prior lien, when provided, on a VA IRRRL. The current balance is used to calculate the discount, origination and funding fee amounts.
New audit to check if the current balance is provided for the prior lien, when provided, on a VA IRRRL. The current balance is used to calculate the discount, origination and funding fee amounts.
VA Form 26-8923 - Interest Rate Reduction Refinancing Loan Worksheet