Encompass Newsflash #177 (8/30/2016) Topic: VA Max Mtg IRRRL Screens VA Max Mtg IRRRL Screen has been created to calculate the maximum loan amount for VA IRRRL’s. Underwriters will have to input the payoff amount on line 1 and the “Closing Costs and Prepaids” on line 8 (green). CAIVRS will automatically flow to this screen from the bottom of the VA Management Tracking Tab. The form can be printed using the print button that appears on the top right hand corner of the form. Continued on next page. “Closing Costs and Prepaids” (line 8) is the sum of e. + f. + h. + $200 minus the sum of lender credit and “CC paid by Broker, Lender, Oth.” on 1003 Page 3. Line 8 of the VA Max Mtg IRRRL Screen can be edited by Underwriters if they need to change the figures. Page 3 of the 1003: If you would like assistance, please email [email protected] or call 714-831-4334. Jimmy Vuong Branch Relations & Compliance Manager 10 Pointe Drive Ste. 330, Brea, CA 92821 T: 714.831.4336 [email protected]| www.afncorp.com This e-mail transmission, and any documents, files or previous e-mail messages attached to it may contain confidential information that is legally privileged. If you are not the intended recipient, or a person responsible for delivering it to the intended recipient, you are hereby notified that any disclosure, copying, distribution or use of any of the information contained in or attached to this transmission is STRICTLY PROHIBITED. If you have received this transmission in error, please immediately notify the sender. Please destroy the original transmission and its attachments without reading or saving in any manner.