The Government had the opinion that certain lenders were “refinancing” VA loans too often, and the loans were not always in the “Best interest of the Veterans.” They wrote some new regulations.
Now, when you make VA loans, you have to be familiar with the terms “Net Tangible Benefit, Loan Fees, LTV Ration Loan Seasoning, Disclosures, Deceptive Solicitations, etc. etc. etc.
Learn more at: https://www.mba.org/mba-newslinks/2019/february/mba-newslink-tuesday-2-19-19/residential/mba-offers-recommendations-to-va-on-loan-churning
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