source:
  type: regulation
  id: va-m26-7-ch06
  authority: "VA Lender Handbook M26-7 Chapter 6 — Refinancing Loans"
  description: 'VA Pamphlet 26-7 Chapter 6 governs VA refinancing loans (incl. IRRRL).

    '
obligations:
- id: va-m26-7-ch06-irrrl-veteran-recoupment-statement
  canonical_id: va-m26-7-ch06-irrrl-veteran-recoupment-statement
  section: "VA M26-7 Ch. 6 — IRRRL Veteran Recoupment Acknowledgment Statement"
  description: 'For all IRRRLs, [LENDER] must obtain a signed statement from the

    Veteran acknowledging the effect of the refinancing loan on the

    Veteran''s loan payments and interest rate. The statement must show

    the interest rate and monthly payments for the new loan versus the

    old loan, and how long it will take to recoup ALL closing costs

    (both those included in the loan and those paid outside of closing).

    '
  type: do
  audit_question: For every IRRRL, can [LENDER] evidence retention of a signed Veteran acknowledgment statement showing the new vs. old interest rate and monthly payments AND the recoupment-period calculation across ALL closing costs (financed and paid outside closing)?
  workflow_phase: origination
  owner_role: loan_officer
  secondary_owner_role: underwriter
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - va
  - m26-7
  - ch06
  - irrrl
  - recoupment
  - promoted
  primary_source:
    tier: 1
    authority: "VA Lender Handbook M26-7 Chapter 6 — Refinancing Loans"
    source_class: va-handbook-m26-7
    source_url: https://benefits.va.gov/WARMS/M26_7.asp
    snapshot_id: e9c94ae5dc0a61f0
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:3cffeec90efad00b76c2984956a10f10bd9f0b99880c94bd3c269192cfe674f5
    paragraph_quote: 'For all IRRRLs, the veteran must sign a statement acknowledging the effect '
    drafter_attestation: "Copied verbatim from VA Handbook snapshot e9c94ae5dc0a61f0 (M26-7 Ch. 6 — IRRRL veteran statement) at 2026-05-23. Source PDF retrieved via Wayback Machine."
  promoted_at: '2026-05-23T02:04:41+00:00'
  promoted_from: va-m26-7-ch06-roundb-v1.yaml
  program_review: Does the program ensure every IRRRL file holds a signed Veteran acknowledgment showing new-vs-old rate and monthly payments AND the recoupment period across ALL closing costs (financed and paid outside closing)?
  file_review: Spot-check IRRRLs; confirm the signed Veteran recoupment acknowledgment with the rate/payment comparison and all-in recoupment calculation.
  judgment: false
- id: va-m26-7-ch06-irrrl-piti-20pct-certification
  canonical_id: va-m26-7-ch06-irrrl-piti-20pct-certification
  section: "VA M26-7 Ch. 6 — IRRRL 20 Percent PITI Increase Certification"
  description: 'If the IRRRL''s monthly payment (PITI) increases by 20 percent or

    more, [LENDER] must include a certification that the Veteran

    qualifies for the new monthly payment which exceeds the previous

    payment by 20 percent or more.

    '
  type: do
  audit_question: For every IRRRL where the new PITI increases by 20 percent or more over the prior payment, can [LENDER] evidence a written lender certification that the Veteran qualifies for the increased payment, included in the loan file?
  workflow_phase: origination
  owner_role: loan_officer
  secondary_owner_role: underwriter
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - va
  - m26-7
  - ch06
  - irrrl
  - piti-jump
  - requalification
  - promoted
  primary_source:
    tier: 1
    authority: "VA Lender Handbook M26-7 Chapter 6 — Refinancing Loans"
    source_class: va-handbook-m26-7
    source_url: https://benefits.va.gov/WARMS/M26_7.asp
    snapshot_id: e9c94ae5dc0a61f0
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:3cffeec90efad00b76c2984956a10f10bd9f0b99880c94bd3c269192cfe674f5
    paragraph_quote: 'If the monthly payment (PITI) increases by 20 percent or more, the lender '
    drafter_attestation: "Copied verbatim from VA Handbook snapshot e9c94ae5dc0a61f0 (M26-7 Ch. 6 — IRRRL PITI 20% cert) at 2026-05-23. Source PDF retrieved via Wayback Machine."
  promoted_at: '2026-05-23T02:04:41+00:00'
  promoted_from: va-m26-7-ch06-roundb-v1.yaml
  program_review: Does the program account for the 20%-PITI-increase trigger — where the new PITI increases by 20 percent or more, include a written lender certification that the Veteran qualifies for the increased payment?
  file_review: Spot-check IRRRLs where PITI rose 20%+; confirm the written qualification certification is in the file. The officer judges whether the qualification basis supports the certification.
  judgment: true
- id: va-m26-7-ch06-report-loan-within-60-days
  canonical_id: va-m26-7-ch06-report-loan-within-60-days
  section: "VA M26-7 Ch. 6 — 60-Day Post-Closing Reporting"
  description: '[LENDER] must report a loan (i.e., submit all documentation) to VA

    within 60 days of closing. A lender that fails to meet this time

    limit must provide a written explanation.

    '
  type: do
  audit_question: "For every VA loan [LENDER] closed, can [LENDER] evidence that all required documentation was submitted to VA within 60 days of closing, or — if not — that a written explanation accompanies the late submission?"
  workflow_phase: closing
  owner_role: loan_officer
  secondary_owner_role: closer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - va
  - m26-7
  - ch06
  - post-closing-reporting
  - promoted
  primary_source:
    tier: 1
    authority: "VA Lender Handbook M26-7 Chapter 6 — Refinancing Loans"
    source_class: va-handbook-m26-7
    source_url: https://benefits.va.gov/WARMS/M26_7.asp
    snapshot_id: e9c94ae5dc0a61f0
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:3cffeec90efad00b76c2984956a10f10bd9f0b99880c94bd3c269192cfe674f5
    paragraph_quote: 'A loan must be reported (such as, all documentation submitted) to VA within '
    drafter_attestation: "Copied verbatim from VA Handbook snapshot e9c94ae5dc0a61f0 (M26-7 Ch. 6 — 60-day reporting) at 2026-05-23. Source PDF retrieved via Wayback Machine."
  promoted_at: '2026-05-23T02:04:41+00:00'
  promoted_from: va-m26-7-ch06-roundb-v1.yaml
  program_review: Does the program track the 60-day post-closing reporting clock — all documentation submitted to VA within 60 days of closing, with a written explanation accompanying any late submission?
  file_review: Spot-check closed loans; confirm submission to VA within 60 days or a written explanation for late submission.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T02:04:41+00:00'
  candidate_path: obligations\_remediation\_round_b_drafts\va-m26-7-ch06-roundb-v1.yaml
  candidates_promoted: 3
  candidates_skipped_existing: 0
