New Data Integrity Errors and Warnings and Document Update: VA IRRRL 36-Month Recoupment, Net Tangible Benefits, and Loan Comparison (Cx14501)
As announced previously, a lender certification has been added to the VA IRRRL Loan Comparison (Cx14501) to verify the borrower will recoup the closing costs within 36 months of closing. In addition, a new VA IRRRL Net Tangible Benefit Form (Cx22343) prints to verify the IRRRL meets certain net tangible benefit requirements….