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Greetings,
The purpose of this communication is to announce that Circular 26-19-5, Change 1, has been published.
Circular 26-19-5, Change 1: VA-Guaranteed Cash-Out Refinancing Home Loans (AQ42),
The purpose of this Circular is to make a change to page 4, section d. Loan Seasoning, (3), of Circular 26-19-5.
Regarding the Circular, please note the policies stated represent VA’s current position concerning cash-out loans and clarifications needed for the industry to implement AQ42.
This Circular has been posted to the following URL: https://www.benefits.va.gov/homeloans/resources_circulars.asp
Sincerely,
Loan Guaranty Service
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