One of the requirements of receiving a VA home loan is that you must have an appraisal performed on the property. What does this mean for you? If you are a first-time homebuyer, or if this is your ...

The Veterans Administration guarantees loans issued to eligible borrowers who purchase a home. VA loans have many advantages. They don’t require a down payment or mortgage insurance – and they usually ...

The Department of Veterans’ Affairs announced last week that it would allow desktop and exterior-only appraisals for some transactions. The changes took effect July 27. In a department memo, the VA ...

The U.S. House of Representatives this week passed a bill that streamlines the appraisal process for U.S. Department of Veterans Affairs mortgage loans. With the passage of HR 7735, known as the ...

The appraisal modernization legislation will let veterans use the same modern purchasers tools that non-veteran buyers already use. In today’s hot market, veterans struggle to gain access to the ...

When VA lenders approve a VA loan application there are really two distinct approvals issued—one for the veteran and one for the property. When VA lenders approve a VA loan application there are ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. You’ll need a home ...

Another segment of government-backed home loans could soon become available without needing an in-person property appraisal. Processing Content A bill passed by the House this week directs the ...

The VA appraisal is a crucial part of the home-buying process for qualified veterans and service members. VA appraisals focus on valuation and a more broad-based check of property conditions that ...