ALERT – Update for VA

Effective for VA loan applications dated on or after August 12, 2024, Arc Home will align with the change announced in VA Circular 26-24-14 for the topic below.

·         Temporary Local Variance for Buyer-Broker Charges: Revision to allow Veterans to pay reasonable and customary amounts for buyer-broker charges under specific circumstances.

 

 

This update applies to Wholesale and Correspondent loan submissions. Please contact your Arc Home Account Executive with any questions.