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 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 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 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 ...

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 ...

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 ...

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

For Jordan and Jasmine McGivney, the first steps toward buying a house were a breeze. They found their ideal home — a 1,008-square-foot house in Deschutes River Woods, almost immediately after they ...

You’ve qualified for a VA home loan and found the perfect house. Great! But while your finances have met muster, your future home will have to pass its own tests. Purchasing a home can be very ...

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 guidance in Circular 26-20-10 is effective for all loans closed on or after the date of the Circular and until further notice or the rescission of the Circular, which is scheduled for April 1, ...