Get Va 26-8923 2018

Filling out the VA 26-8923 form is essential for requesting a guaranty on an interest rate reduction refinancing loan. This guide will provide you with clear, step-by-step instructions to help you complete this form accurately and efficiently.

Follow the steps to complete the VA 26-8923 online successfully.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your existing VA loan balance in Section I, Line 1. Make sure to include any costs associated with energy-efficient improvements.
3. If applicable, subtract any cash payment from the veteran in Section I, Line 2. This will help in calculating the overall loan amount.
4. Calculate the total by entering the amount from Line 1 minus Line 2 in Section I, Line 3. This total will serve as the basis for further calculations.
5. Proceed to Section I, Line 5, where you will add the percentage discount based on the total calculated in Line 4.
6. On Section I, Line 6, add the origination fee percentage based on the previous total.
7. In Section I, Line 7, include the funding fee percentage that corresponds to the amount calculated in Line 4.
8. Next, in Section I, Line 8, add any other allowable closing costs and prepaid items.
9. Calculate the total in Section I, Line 9 by summing all the amounts from Lines 3, 5, 6, 7, and 8.
10. Move to Section II and enter the preliminary loan amount in Line 4. This represents the amount you are seeking to refinance.
11. In Section III, start with the total from Line 9 in Line 10. This total will be the foundation for your final computation.
12. Add the corresponding percentage discount on the amount noted in Line 10 in Line 11.
13. In Section III, Line 12 will showcase the subtotal after adding the discount from Line 11.
14. Subtract the amount shown in Line 5 from the subtotal in Line 12 in Line 13.
15. Continue subtracting the funding fee amount indicated in Line 7 from the subtotal in Line 14 in Line 15.
16. Follow by adding any additional allowed amounts as needed in Line 17.
17. In Section III, Line 18 will show the total — this will be your maximum loan amount.
18. Once all sections are completed, review the form for accuracy. You can then save changes, download, print, or share the completed form as necessary.

Start filling out your VA 26-8923 online today!