# Loan Guaranty: Limitation on Discount Points Financed in Connection With Interest Rate Reduction Refinancing Loans
> **US Department of Veterans Affairs** · Final rule. · Published 1997-01-24 · Effective 1997-01-24 · 62 FR 3610
## Document
- **Document number:** 97-1656
- **Category:** va-home-loan
- **Agency:** US Department of Veterans Affairs
- **Federal Register citation:** 62 FR 3610
- **CFR reference:** 38 CFR 36
- **Publication date:** 1997-01-24
- **Effective date:** 1997-01-24
## Abstract

This document adopts as a final rule, without change, an interim final rule that amends VA's loan guaranty regulations concerning points allowed to be included in Interest Rate Reduction Refinancing Loans. This rule limits to two the amount of discount points that may be included in the loan. This rule is necessary to help ensure that veterans are not overcharged with excessive points and to protect the Government against the danger of overinflated loans.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/01/24/97-1656/loan-guaranty-limitation-on-discount-points-financed-in-connection-with-interest-rate-reduction)
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