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 ...

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 ...

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 ...

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 ...

A bill that requires the Department of Veterans Affairs to update its appraisal rules passed the Senate on Tuesday. In recent weeks there had been murmurs among lobbyists that the legislation, the ...

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. Before you can buy a ...

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 ...

Expanded rules for appraisal waivers take effect on purchase transactions starting the first quarter of 2025. Announcements were made on October 28, 2024 by Fannie Mae and Freddie Mac, as well as the ...