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Lender Alerts

Lender Alerts

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Sun West Updates Underwriting Guidelines for VA IRRRLs

Dear Licensed Partner,

In our continued commitment to provide access to affordable mortgages to our valued Veterans, Sun West has updated its guidelines for VA IRRRLs submitted on or after January 4, 2016.

The following are updated guidelines for VA IRRRLs submitted to Sun West:

  • Maximum recoupment period limited to 120 months and income documentation requirement no longer applied
  • The borrower must be current at the time of closing and has not been more than 30 days past due in the past six months
  • Minimum FICO of 620 remains unchanged

If you have any questions, please contact your Client Relations Manager at (855) OK-SUNWEST or (855) 657-8693.


Sun West Mortgage Company, Inc.
18000 Studebaker Road, Suite 200
Cerritos, CA 90703
Phone: (800) 453-7884
SW-1: Our New No Overlays Program


Equal Housing Opportunity This information is provided to licensed brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice.