source:
  type: guide
  id: va-m26-7-ch06-t05
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 6, Topic 5 — Other Refinancing
    Loans
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 6, Topic 5 — Other
    Refinancing Loans.
  coverage_tier: operative
obligations:
- id: va-m26-7-ch06-t05-full
  canonical_id: va-m26-7-ch06-t05-full
  section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 6, Topic 5 — Other Refinancing
    Loans
  type: do
  tags:
  - regulator-direct
  - va
  - va-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 6, Topic 5 — Other
      Refinancing Loans
    source_class: va-handbook
    source_url: https://www.benefits.va.gov/warms/pam26_7.asp
    snapshot_id: e9c94ae5dc0a61f0
    fetched_at: '2026-05-23T01:53:53Z'
    content_hash: sha256:3cffeec90efad00b76c2984956a10f10bd9f0b99880c94bd3c269192cfe674f5
    paragraph_quote: '5. Other Refinancing Loans Change Date April 10, 2009, Change
      11 • Subsection c has been updated to note that maximum guaranty on these types
      of refinancing loans is limited to $36,000. • This section has been updated
      to make minor grammatical edits. a. What Are They? Other refinancing loans are:
      • construction loans, • installment land sale contracts, and • loans assumed
      by veterans at interest rates higher than that for the proposed refinance. b.
      Maximum Loan These loans may not exceed the lesser of: • the VA reasonable value
      plus the VA funding fee, or • the sum of the outstanding balance of the loan
      to be refinanced plus allowable closing costs (including the funding fee) and
      discounts. The cost of energy efficiency improvements can also be added to the
      loan. c. Maximum Guaranty The maximum guaranty for refinancing loans, noted
      in subsection a, is $36,000.'
  judgment: false
