NewDay USA Review for VA IRRRL Refinancing

The research in brief

NewDay USA is a mixed-to-good fit for an existing VA loan holder pursuing a VA Interest Rate Reduction Refinance Loan (IRRRL). Two of seven platforms named NewDay USA during ranking discovery, giving it a 28.6% share of included platform responses, an average listed rank of 4.5, and a best listed rank of 4. Its strongest case is VA specialization: company materials describe the IRRRL as a VA Streamline refinance with a 0.5% funding fee, no appraisal, and minimal documentation ^[1]. The main limitation is that no reviewed source disclosed a current, borrower-specific NewDay USA IRRRL rate sheet or fee schedule, and independent evidence of IRRRL processing speed was not found ^[9].

Research Snapshot

Why NewDay USA Qualified for This Study

Questions explored

• Is NewDay USA a good choice for a VA IRRRL streamline refinance if I already hold a VA loan?
• How many AI platforms actually named NewDay USA for VA IRRRL refinancing?

NewDay USA qualified because it explicitly markets the exact product this study covers. Two of seven platforms named it during ranking discovery — Claude at rank 4 and Kimi at rank 5 — producing an average listed rank of 4.5 and a 28.6% share of included platform responses. That is a minority of the panel, and the entity did not appear in the ranking output of ChatGPT, DeepSeek, Gemini, Grok, or Perplexity, even though several of those platforms discussed NewDay USA in their fit analysis.

The qualification rests on product match rather than comparative performance. NewDay USA publicly markets a VA Streamline Refinance / IRRRL product for existing VA loan holders ^[32], states it is a VA-approved lender specializing in VA loans ^[31], and publishes educational content describing the IRRRL as a VA Streamline refinance with a 0.5% funding fee ^[1]. The VA maintains a lender list and does not endorse lenders, so VA specialization claims should not be read as government endorsement ^[52].

The mortgage offering in focus

Questions explored

• Which NewDay USA product should a veteran with an existing VA loan choose for a rate-reduction refinance?
• Does NewDay USA's VA Streamline Refinance require an appraisal or income verification?

The relevant offer is the VA Interest Rate Reduction Refinance Loan (IRRRL), which NewDay USA also calls a VA Streamline Refinance. Every platform that named a product for this entity used that same product name, so there is no naming conflict at the product level.

NewDay USA's published materials describe the IRRRL as available to borrowers who already have a VA-backed loan, with reduced paperwork, no appraisal in most cases, and the 0.5% funding fee ^[14]. Company content states the IRRRL does not require income or employment verification and that an application takes minutes ^[14], and that the VA IRRRL program sets no minimum credit score requirement ^[14]. VA guidance states an IRRRL generally does not require an appraisal or credit underwriting and permits the funding fee and allowable closing costs to be included, subject to applicable limits ^[3].

NewDay USA also markets VA cash-out refinance products, including a NewDay 100 VA Cash-Out Loan, which are distinct from the IRRRL and require an appraisal ^[29]. Borrowers seeking only a rate reduction should not confuse the two.

What the AI Platforms Agreed About

Questions explored

• What do AI platforms agree NewDay USA offers for VA IRRRL borrowers?
• Is the 0.5% VA IRRRL funding fee the same at NewDay USA as at other lenders?

Agreement was strong on program mechanics and limited on lender-specific performance. The clearest shared findings:

• Product availability. NewDay USA offers and markets the VA IRRRL / VA Streamline Refinance for existing VA borrowers ^[1].
• Funding fee level. The IRRRL funding fee is 0.5% of the loan amount, and it can generally be financed into the new loan ^[1]. This is a VA program rule, not a NewDay USA differentiator.
• No-appraisal positioning. NewDay USA states IRRRLs generally do not require a new appraisal ^[14].
• VA specialization. NewDay USA has operated in VA lending for more than 20 years and serves borrowers in 43 states, per company and independent review sources ^[42].
• Seasoning requirement. Borrowers must generally be at least 210 days from the first payment on the existing VA loan and have made six consecutive payments ^[15].
• Net tangible benefit. A fixed-to-fixed IRRRL must reduce the rate by at least 0.5 percentage points, and costs must be recouped within 36 months ^[17].

Agreement that a lender offers a product is not evidence that the lender offers it well or cheaply. No platform produced a verified NewDay USA IRRRL rate.

Where the AI Platforms Disagreed or Were Uncertain

Questions explored

• How fast does NewDay USA actually close a VA IRRRL, and is that speed independently verified?
• Does NewDay USA apply credit score or appraisal overlays beyond VA minimums?

Platforms split on fit rating and diverged sharply on speed and pricing.

Fit ratings differed. Anthropic, Grok, and Perplexity rated NewDay USA a "good" fit; ChatGPT, DeepSeek, and Gemini rated it "mixed"; Kimi rated it "uncertain." That spread reflects evidence gaps rather than a single factual dispute.

Processing speed was contested. Anthropic reported NewDay USA advertises IRRRL closings in 15–30 days and cited a borrower report of a 17-day close ^[13]. Grok cited a third-party ranking listing NewDay USA as the fastest closer at 15–21 days ^[34]. Perplexity, ChatGPT, DeepSeek, and Kimi all stated that independent verification of NewDay USA IRRRL turnaround was not found ^[11]. NewDay USA's own general cash-out timeline page says timelines vary by file complexity and appraisal scheduling, which is not an IRRRL commitment ^[7].

Pricing was undisclosed across the board. No platform located a current NewDay USA IRRRL rate sheet, APR schedule, lender-credit schedule, or representative Loan Estimate ^[9]. Grok cited a third-party example of a 6.00% IRRRL rate with a 1.0% origination fee, labeled as external ranking data rather than a NewDay quote ^[34].

Overlays were unclear. NewDay USA states the VA IRRRL program has no minimum credit score and that it works across the credit spectrum ^[14], but some lenders impose overlays below 620 despite VA not requiring a minimum ^[38]. Whether NewDay USA applies such an overlay was not disclosed in any reviewed source.

Regulatory history was reported consistently but with different emphasis. Multiple platforms cited the September 2024 CFPB order requiring NewDay USA to pay $2.25 million for misrepresenting payment amounts on cash-out refinance disclosures ^[35]. The order addressed cash-out refinance disclosures, not IRRRL specifically, though platforms treated it as a company-wide compliance signal ^[44].

Mortgage features for this borrowing need

Questions explored

• Does NewDay USA let a VA IRRRL borrower finance the funding fee and closing costs instead of paying cash?
• What credit score and payment history does NewDay USA require for a VA streamline refinance?

No appraisal. NewDay USA states IRRRLs generally do not require a new appraisal, consistent with VA program design ^[14]. VA rules do not require an appraisal for an IRRRL unless the loan is delinquent or VA is approving to stop foreclosure, but lenders may add overlays ^[37].

Minimal documentation. Company materials state IRRRL processing uses minimal paperwork and, in its materials, claims no income verification and minimal documentation in most cases ^[10]. Independent review coverage repeats the no-appraisal, no-income-verification description ^[51].

Cost roll-in. NewDay USA states closing costs can be rolled into the new loan with no out-of-pocket expenses for an IRRRL ^[14]. VA rules permit allowable closing costs and the funding fee to be included, subject to program limits such as the treatment of discount points ^[3]. Roughly 80% of IRRRL borrowers roll closing costs, per one independent source ^[47].

VA approval authority. NewDay USA states it holds automatic authority from the VA to make its own approval decisions ^[28] and that it can say yes to a veteran when other lenders say no ^[28]. These are company claims.

Eligibility gates. Borrowers must be refinancing an existing VA-backed loan on a primary residence, and the refinance must result in a lower interest rate ^[19]. The 210-day / six-payment seasoning rule applies ^[15]. A fixed-to-fixed IRRRL must cut the rate by at least 0.5 percentage points ^[17].

Application format. NewDay USA describes a 20–30 minute online application ^[13], but DeepSeek and Kimi both noted that a fully self-service, transparent online rate-and-fee quote was not available from public sources ^[32].

Rates, fees, and ongoing costs

Questions explored

• How much does a NewDay USA VA IRRRL cost in lender fees and origination charges?
• What contract terms, arbitration clauses, or cancellation rules apply when I apply with NewDay USA?

Pricing transparency is the single largest gap in this review. No reviewed source disclosed a current NewDay USA IRRRL interest rate, APR, lender fee schedule, or representative Loan Estimate ^[9]. Pricing confidence was rated "low" by ChatGPT, DeepSeek, Grok, Perplexity, and Kimi; Claude rated it "moderate"; Gemini rated it "high" but still noted that exact lender fees and baseline rates are not published and require a personalized inquiry ^[25].

Known program-level costs:

Grok cited a third-party ranking showing a 6.00% example IRRRL rate with a 1.0% origination fee for NewDay USA ^[34]. That figure comes from an external ranking, not a NewDay USA quote, and should be treated as unverified.

Contract and cancellation terms. No public IRRRL-specific cancellation, rate-lock, extension, or lender-credit terms were verified ^[9]. NewDay USA's website terms and conditions include a binding individual arbitration provision and class action waiver, a 45-day opt-out window from first site use or information submission, a two-year limitation period for claims, and a $1,000 cap on NewDay's total liability (official:C2). Those terms govern website use and dealings with NewDay; they are not IRRRL loan terms, but borrowers should read them.

Recoupment. NewDay USA states IRRRL closing costs should be recouped within 36 months ^[17], consistent with VA's recoupment requirement ^[37]. Financing costs avoids immediate cash outlay but increases the principal balance, monthly payment, break-even period, and total interest ^[9].

Best Suited For

Questions explored

• Who is NewDay USA actually best for among veterans refinancing an existing VA loan?
• Is NewDay USA worth considering if I want a VA-focused lender and a fast, low-paperwork process?

NewDay USA is best considered for a specific borrower profile, based on the supplied evidence:

• Existing VA borrowers who want a lender focused heavily on VA loans (ChatGPT fit assessment; Evidence ID deepseek:c1).
• Borrowers who want the funding fee and permitted closing costs financed rather than paid in cash ^[14].
• Borrowers whose file NewDay USA confirms qualifies for an appraisal-waived IRRRL ^[14].
• Veterans with 6+ consecutive on-time payments and 210+ days of seasoning seeking a rate reduction ^[15].
• Borrowers who value a dedicated loan officer contact rather than a fully self-service process (DeepSeek fit assessment; Evidence ID anthropic:15-3).
• Borrowers who prioritize closing speed over the absolute lowest rate, if NewDay USA's speed claims hold for their file ^[13].

Probably Not Best Suited For

Questions explored

• Who should not choose NewDay USA for a VA IRRRL?

• Is NewDay USA a bad choice if I need guaranteed customer service consistency?

• Borrowers choosing solely on lowest rate or lowest total fees without comparing Loan Estimates (ChatGPT fit assessment).

• Borrowers who require a publicly guaranteed processing deadline (ChatGPT fit assessment; Evidence ID perplexity:c4).

• Borrowers who prefer transparent online pricing or a fully self-service application experience (DeepSeek fit assessment; Evidence ID kimi:newday-unverified).

• Borrowers with concerns about customer service reliability, given complaint patterns on BBB and third-party review sites ^[41].

• Borrowers who want cash-out proceeds — that requires a VA cash-out refinance, not an IRRRL ^[29].

• Borrowers who may not meet VA IRRRL seasoning or payment-history requirements ^[15].

When Another Option May Be Better

Questions explored

• What is a better alternative to NewDay USA if my top priority is the lowest VA IRRRL rate?
• When should a veteran choose a credit union instead of NewDay USA for a streamline refinance?

Another lender may be the better choice in these situations, drawn from platform-supplied alternatives:

• When the lowest rate is the priority and the borrower can wait. Credit unions such as Navy Federal and PenFed are described as often having the lowest rates, at the cost of slower timelines (Evidence ID anthropic:8-11, Evidence ID anthropic:35-32, Grok better-alternative note).
• When another VA lender provides a materially lower APR or lower total closing costs for the same term and comparable rate-lock period (ChatGPT better-alternative note).
• When a credit union or existing servicer offers lower lender fees, stronger credits, or a documented appraisal waiver (ChatGPT better-alternative note).
• When the borrower needs a firm closing timeline and another lender provides a written, credible commitment (ChatGPT better-alternative note).
• When the borrower wants zero origination fee (Grok better-alternative note).
• When the borrower wants highly transparent upfront fee disclosure before applying (Perplexity better-alternative note; Evidence ID kimi:newday-unverified).
• When the borrower has concerns about regulatory compliance or complaint history (Claude better-alternative note; Evidence ID anthropic:44-1).

Rate variation of 0.25–0.50% between lenders translates to roughly $875–$1,750 annually on a $350,000 loan, per one platform's calculation ^[34]. That figure is platform-reported arithmetic, not a verified market quote.

Questions to ask before choosing a lender

Questions explored

• What should a buyer confirm with NewDay USA before signing a VA IRRRL contract?
• Which specific numbers should appear on the NewDay USA Loan Estimate before I commit?

Platforms converged on a similar verification list. The recurring items:

1. Exact rate, APR, loan term, monthly principal-and-interest payment, and total finance charge (ChatGPT, Claude, DeepSeek, Perplexity, Kimi question sets).
2. All lender fees, discount points, title or settlement charges, recording charges, escrow requirements, and prepaid items (ChatGPT, Claude, Perplexity question sets).
3. Whether the 0.5% VA funding fee is exempt, financed, paid in cash, or covered through pricing or lender credits (ChatGPT, DeepSeek, Kimi question sets).
4. Whether NewDay USA will waive the appraisal and full credit or income underwriting for this specific file (ChatGPT, DeepSeek, Perplexity question sets).
5. The written rate-lock period, lock-extension cost, and estimated closing date (ChatGPT, Perplexity question sets).
6. The total financed balance after adding the funding fee and closing costs (ChatGPT question set).
7. The break-even period compared with retaining the existing loan (ChatGPT, Gemini question sets).
8. Whether the refinance satisfies VA recoupment, seasoning, net tangible benefit, and payment-reduction requirements (ChatGPT, Kimi question sets).
9. Who will service the loan after closing, and whether servicing-transfer terms are possible (ChatGPT question set).
10. Whether NewDay USA applies a minimum credit score overlay for IRRRLs, and how it handles borrowers below that threshold (Claude, Kimi question sets).
11. Whether NewDay USA will honor a telemarketing opt-out request, given BBB complaints about persistent marketing calls ^[41].
12. Whether NewDay USA can match a competing Loan Estimate or explain any difference in rate, points, credits, and total costs (ChatGPT question set).

The consensus assessment

NewDay USA is a mixed-to-good fit for a veteran or servicemember with an existing VA loan who wants a streamlined rate-reduction refinance. It clearly offers the right product, states the standard 0.5% funding fee, and positions itself as a VA-specialized lender with no-appraisal and minimal-documentation processing. Three platforms rated it a good fit, three rated it mixed, and one rated it uncertain.

The case for choosing it rests on VA specialization and claimed speed, not on verified pricing. No reviewed source disclosed a current NewDay USA IRRRL rate, lender fee schedule, or independently confirmed turnaround time. The company carries a 2024 CFPB order requiring a $2.25 million payment for misrepresenting payment amounts on cash-out refinance disclosures, plus mixed consumer-review and complaint signals.

Select NewDay USA only if its borrower-specific Loan Estimate, appraisal-waiver determination, funding-fee treatment, and expected timeline compare favorably with at least two competing VA lenders. The VA itself recommends shopping multiple lenders and warns about refinance scams ^[53].

How This Review Was Produced

This review was generated from seven AI platform responses collected for the research prompt on VA IRRRL streamline refinance lenders, using the run research date of 2026-09-29. Each platform independently evaluated NewDay USA against the use case "Streamlined refinance for existing VA loan holders" and supplied citations, fit ratings, pricing notes, limitations, and verification questions.

Ranking statistics reflect only platforms that named NewDay USA during ranking discovery: Claude (rank 4) and Kimi (rank 5). Platforms that discussed NewDay USA in fit analysis without naming it in ranking output are not counted in the mention total. All platform outputs are labeled platform-reported and were not independently verified by the writer stage.

Research limitations

• Company-owned citations dominate. Of the deduplicated sources, 34 are company-owned, 22 are independent, and 3 are unclear. Company claims about speed, expertise, and no-appraisal processing are not independently verified.
• No verified pricing. No current NewDay USA IRRRL rate, APR, lender fee schedule, or representative Loan Estimate was located in any reviewed source.
• No verified turnaround. Independent confirmation of NewDay USA IRRRL processing speed was not found; speed claims are company-reported or third-party ranking data.
• Platform research dates differ. Deepseek reported a research date of 2026-06-11, while the authoritative run date is 2026-09-29. Platform-reported dates are provenance metadata and do not independently prove freshness.
• One platform ran without search. Deepseek's research capability shows search disabled, so its claims require explicit verification before being treated as current facts.
• Review and complaint evidence is self-selected. ConsumerAffairs, BBB, and PissedConsumer data are not controlled comparisons and do not isolate IRRRL borrowers.
• The CFPB action concerned cash-out refinance disclosures, not IRRRL. It raises company-wide compliance questions but does not establish IRRRL-specific misconduct.
• Supplied URLs were not independently validated by the writer stage.
• Missing research is not disagreement. Where platforms did not address a factor, this review treats it as unaddressed rather than contested.

Explore more mortgage refinance lenders guidance in the category directory.

Sources

Company-Owned Sources

1. Who Qualifies for a VA Loan? | NewDay USA: https://ndwebprod.newdayusa.com/learn/eligibility-COE/va-home-loan-eligibility-guidelines
2. VA Home Loans & Mortgage Refinance for Veterans | NewDay USA: https://newdayusa.loan/
3. VA Pamphlet 26-7, Chapter 6: Refinancing Loans: https://www.benefits.va.gov/WARMS/docs/admin26/m26-07/Chapter_6_Refinancing_Loans.pdf
4. NewDay USA: VA Home Loans & Mortgage Refinance for Veterans: https://www.newdayusa.com/
5. NewDay USA VA Refinance Dedicated Support for Veterans: https://www.newdayusa.com/about/newday-usa-hub/better-va-loan-customer-service-for-veterans
6. VA Cash-Out Refinance | Tap Your Home Equity | - NewDay USA: https://www.newdayusa.com/about/newday-usa-hub/cash-out-refinance-overview-turn-your-home-equity-into-cash
7. NewDay USA VA Cash Out Loan: https://www.newdayusa.com/about/newday-usa-hub/how-the-newday-100-va-cash-out-loan-works
8. NewDay USA Reviews | NewDay USA: https://www.newdayusa.com/about/reviews
9. How to Compare VA Loan Terms | NewDay USA: https://www.newdayusa.com/learn/buy-a-home/how-to-compare-va-home-loan-terms
10. VA Home Loan Eligibility Guidelines for 2026 - NewDay USA: https://www.newdayusa.com/learn/eligibility-COE/va-home-loan-eligibility-guidelines
11. A VA Home Loan Guide for Veterans and Military Families: https://www.newdayusa.com/learn/how-newday-usa-streamlines-the-va-home-loan-closing-process-a-comprehensive-guide
12. Refinance & Cash-Out - NewDay USA: https://www.newdayusa.com/learn/refinancing
13. VA Refinance Timeline: How Long Does It Take? | NewDay USA: https://www.newdayusa.com/learn/refinancing/how-long-does-it-take-to-get-a-va-cash-out-refinance-loan
14. What Is a VA Streamline Refinance (IRRRL)? | NewDay USA: https://www.newdayusa.com/learn/refinancing/what-is-va-streamline-loan
15. Will Refinancing My VA Loan Save Me Money? | NewDay USA: https://www.newdayusa.com/learn/refinancing/will-refinancing-my-va-loan-save-me-money
16. What the VA Funding Fee Is and How It Affects Your Loan: https://www.newdayusa.com/learn/va-loan-basics/va-funding-fees
17. How to Choose a Lender for a VA Refinance | NewDay USA: https://www.newdayusa.com/learn/va-loan-basics/what-every-veteran-should-ask-before-choosing-a-va-refinance-lender
18. VA Loan Statistics: Where the Program Stands in 2026: https://www.newdayusa.com/learn/va-loan-statistics-2026-by-the-numbers
19. VA Loan Types: Your Complete Guide to VA Loan Options | NewDay USA: https://www.newdayusa.com/learn/va-loan-types-your-complete-guide-to-va-loan-options
20. VA Loan Benefits After Closing: A Veteran's Guide: https://www.newdayusa.com/learn/what-support-is-available-to-veterans-after-buying-a-home
21. VA Refinance Loans: IRRRL vs. Cash-Out Refinance Explained - NewDay USA: https://www.newdayusa.com/learning-center/refinance-cash-out/va-refinance-loans-irrrl-vs-cash-out-refinance-explained
22. VA Refinance Waiting Period Explained - NewDay USA: https://www.newdayusa.com/learning-center/refinance-cash-out/va-refinance-waiting-period-explained
23. What Is a VA Streamline Refinance (IRRRL)? - NewDay USA: https://www.newdayusa.com/learning-center/refinance-cash-out/what-is-a-va-streamline-refinance-irrrl
24. Will Refinancing My VA Loan Save Me Money? - NewDay USA: https://www.newdayusa.com/learning-center/refinance-cash-out/will-refinancing-my-va-loan-save-me-money
25. How to Compare VA Home Loan Terms - NewDay USA: https://www.newdayusa.com/learning-center/va-loan-basics/how-to-compare-va-home-loan-terms
26. VA Loan Types: Your Complete Guide to VA Loan Options - NewDay USA: https://www.newdayusa.com/learning-center/va-loan-basics/va-loan-types-your-complete-guide-to-va-loan-options
27. What a 2026 Survey of Veterans Revealed - NewDay USA: https://www.newdayusa.com/learning-center/va-loan-basics/what-a-veteran-survey-revealed
28. How Long Does It Take to Get a VA Cash Out Loan? | NewDay USA: https://www.newdayusa.com/resources/education-articles/how-long-does-it-take-to-get-a-va-cash-out-loan
29. VA Cash Out Refinance | NewDay USA: https://www.newdayusa.com/va-cash-out-refinance
30. VA Home Loan Benefits | NewDay USA: https://www.newdayusa.com/va-home-loan/benefits
31. NewDay USA - VA Loans: https://www.newdayusa.com/va-loans/
32. NewDay USA - VA Streamline Refinance (IRRRL: https://www.newdayusa.com/va-streamline-refinance/
33. Official pricing and terms source: https://www.newdayusa.com/terms-conditions

Independent Sources

34. Best VA IRRRL Lenders 2026: Top 7 Streamline Refinance Companies: https://mortgage-info.com/blog/best-va-irrrl-lenders-2026-streamline-refinance
35. NewDay USA Ordered To Pay $2.25 Million Fine: https://nationalmortgageprofessional.com/news/newday-usa-ordered-pay-225-million-fine
36. NewDay USA Reviews | newdayusa.com @ PissedConsumer: https://newday-usa.pissedconsumer.com/review.html
37. VA IRRRL Streamline Refinance: 2026 Rules, Fees & Math: https://va.org/irrrl-streamline-refinance-guide
38. VA IRRRL Rates 2026: Today's Streamline Refinance Rules: https://valoannetwork.com/va-loans/irrrl/
39. VA IRRRL (Streamline Refinance): Requirements & Benefits (2026) | VA Loan Tampa Bay: https://valoantb.com/va-irrrl
40. NewDay USA | BBB Complaints: https://www.bbb.org/us/fl/west-palm-beach/profile/mortgage-lenders/newday-usa-0633-92034734/complaints?page=1
41. NewDay USA | BBB Complaints | Better Business Bureau: https://www.bbb.org/us/fl/west-palm-beach/profile/mortgage-lenders/newday-usa-0633-92034734/complaints?page=2
42. NewDay USA Reviews from Real Customers: https://www.consumeraffairs.com/finance/newday-usa.html
43. The Best VA Loan Lenders (2026 Guide) - Consumer Affairs: https://www.consumeraffairs.com/finance/va-loans/
44. CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans: https://www.consumerfinance.gov/archive/newsroom/cfpb-orders-newday-usa-to-pay-2-25-million-for-illegally-luring-veterans-and-military-families-into-cash-out-refinance-loans/
45. CFPB - Mortgage and VA Loan Resources: https://www.consumerfinance.gov/owning-a-home/
46. VA Streamline Refinance Loans Explained | Citi Mortgage: https://www.mortgage.com/home-loans/articles/va-irrrl-streamline-refinance/
47. VA IRRRL Streamline Refinance 2026: No Appraisal, Lower Rate for Veterans | Mo Abdel: https://www.mothebroker.com/blog/va-irrrl-streamline-refinance-2026
48. NewDay USA lending practices coverage: https://www.propublica.org/article/newday-usa-va-loans
49. VA IRRRL Rates & Guidelines 2026 | VA Streamline Refinance: https://www.refi.com/learn/va-streamline-refinance-irrrl/
50. VA Streamline Refinance for Lower Rates and No Appraisal: https://www.refiguide.org/choose-va-streamline-refinance-mortgage/
51. NewDay USA Mortgage Review: A Mortgage Company Designed for Veterans: https://www.thetruthaboutmortgage.com/newday-usa-mortgage-review-a-mortgage-company-designed-for-veterans/
52. VA Home Loan Lenders: https://www.va.gov/housing-assistance/home-loans/
53. VA - Avoid Refinance Scams: https://www.va.gov/housing-assistance/home-loans/avoid-loan-scams/
54. VA Interest Rate Reduction Refinance Loan (IRRRL: https://www.va.gov/housing-assistance/home-loans/loan-types/interest-rate-reduction-refinance-loan/
55. ENFORCEMENT ACTIONS—NewDay USA will pay $2.25 million to resolve CFPB's claim it misled veterans: https://www.vitallaw.com/news/enforcement-actions-newday-usa-will-pay-2-25-million-to-resolve-cfpb-s-claim-it-misled-veterans/122727

Other Sources

56. CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans: https://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-newday-usa-to-pay-225-million-for-illegally-luring-veterans-and-military-families-into-cash-out-refinance-loans/
57. NewDay USA Launches Veteran Streamline Refinance Program for Military Families: https://www.prnewswire.com/news-releases/newday-usa-launches-veteran-streamline-refinance-program-for-military-families-300926278.html
58. VA Funding Fee And Loan Closing Costs | Veterans Affairs: https://www.va.gov/housing-assistance/home-loans/funding-fee-and-closing-costs/