1) What information can you find on the LIN? a) Exemption Status b) Disability % c) Branch of Service d) Discharge Date e) Original LIN 2) What must be confirmed in Athena? a) Veteran Status b) Veteran Type c) AUS d) VA Use Type e) Impounds 3) Fees MUST be recouped within... a) 12 months b) 24 months c) 60 months d) 36 months 4) We are permitted to do Texas Cash-Out on VA IRRRLs. a) True b) False 5) Identify required Disclosures: a) Counseling Checklist b) VA COE c) Nearest Living Relative d) Verification of VA Benefits e) Federal Collection Policy f) Escrow Rollover 6) Cash to Close can be financed with a VA IRRRL. a) True b) False 7) Inside BOSS Director, you can easily launch to the CREO site to resolve issues. a) True b) False 8) What does LIN stand for? a) Lender Information Network b) Lender Identification Number c) Loan Identification Number 9) In Encompass, where can you determine what is needed to fulfill a specific condition? a) Comments Tab of the condition b) Documents Tab c) Description of the Condition d) Status of the Condition 10) Identify VA Specific CREO tools: a) CAV b) ACE c) DOT d) RCQ e) BSP f) FBR

VA IRRRLs

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