; and (4) the lower interest rate is not produced solely from discount points, unless— (A) such points are paid at closing; and (B) such points are not added to the principal loan amount, unless the resulting loan balance after any fees and expenses allows the property with respect to which the loan was issued to maintain a loan to value ratio of 90 percent or less. (c) Loan seasoning Notwithstanding section 3703 of this title or any other provision of law, a loan to a veteran for a purpose specified in section 3710 of this title that is refinanced may not be guaranteed or insured under this chapter until the date that is the later of— (1) the date that is 210 days after the date on which the first monthly payment is made on the loan; and (2) the date on which the sixth monthly payment is made on the loan. . (b) Regulations (1) In general In prescribing any regulation to carry out section 3709 of title 38, United States Code, as added by subsection (a), the Secretary may waive the requirements of sections 551 through 559 of title 5, United States Code, if— (A) the Secretary determines that urgent or compelling circumstances make compliance with such requirements impracticable or contrary to the public interest; (B) the Secretary submits to the Committee on Veterans’ Affairs of the Senate and the Committee on Veterans' Affairs of the House of Representatives, and publishes in the Federal Register, notice of such waiver, including a description of the determination made under subparagraph (A)