# Loan Guaranty: Limitation on Discount Points Financed in Connection with Interest Rate Reduction Refinancing Loans
> **US Department of Veterans Affairs** · Interim final rule. · Published 1996-02-28 · Effective 1996-02-28 · 61 FR 7414
## Document
- **Document number:** 96-4498
- **Category:** va-home-loan
- **Agency:** US Department of Veterans Affairs
- **Federal Register citation:** 61 FR 7414
- **CFR reference:** 38 CFR 36
- **Publication date:** 1996-02-28
- **Effective date:** 1996-02-28
## Abstract

This document amends VA's loan guaranty regulations concerning points allowed to be included in VA-guaranteed Interest Rate Reduction Refinancing Loans by limiting to two the amount of points that may be included in the loan. This action is necessary to help ensure that veterans are not overcharged with excessive points and to protect the interest of the Government against overinflated loans.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1996/02/28/96-4498/loan-guaranty-limitation-on-discount-points-financed-in-connection-with-interest-rate-reduction)
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