Some of the changes announced by the Federal Housing Administration last month may have the unintended consequence of making it harder for veterans of the armed services to refinance their government loans.

On Nov. 17, FHA will raise its standards for "streamlined" refinancings — those replacing loans the agency already insures. Lenders will have to certify that the borrower has a job and income, and appraisals will now be required if the proposed refi would leave the borrower owing more than 125% of the home's original value.

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