The McNabs

Mike & Peg McNab
(520) 508-1660

AZhomes@mcnabs.com

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Loss Mitigation Acronyms

ARM Adjustable Rate Mortgage
BAH Basic Allowance for Housing
BAQ Basic Allowance for Quarters
BAS Basic Allowance for Subsistence
CAIVRS Credit Alert Interactive Voice Response System
C&V Construction and Valuation Section (Appraisals)
COE Certificate of Eligibility
CRV Certificate of Reasonable Value
CVS Certificate of Veteran Status
ETS Expiration of Term of Service
GPM Graduated Payment Mortgage
IRRRL Interest Rate Reduction Refinance Loan
LAPP Lender Appraisal Processing Program
LES Leave and Earnings Statement
LGC Loan Guaranty Certificate
MCC Mortgage Credit Certificate
MCRV Master Certificate of Reasonable Value
NOV Notice of Value
PITI Principal, Interest, Taxes, and Insurance
POA Power of Attorney
PUD Planned Unit Development
RLC Regional Loan Center
ROL Release of Liability
SOE Substitution of Entitlement
SOS Statement of Service
URLA Uniform Residential Loan Application
VA Department of Veterans Affairs
VAAS Veterans Appraisal Assignment System
VHA Variable Housing Allowance
VOD Verification of Deposit
VOE Verification of Employment
VOI Verification of Income

Most Commonly Used

NOD Notice of Default
NOS Notice of Sale