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Veterans Affairs

Since its establishment in 1944, the VA home loan guarantee program has helped millions of veterans purchase and maintain homes. NAR believes this program is a vital homeownership tool that provides veterans with a centralized, affordable, and accessible method of purchasing homes as a benefit for their service to our nation.

June 19, 2015
The Department of Veteran’s Affairs (VA) provided LoanSafe Appraisal Manager (LSAM), a new automated appraisal review tool, to all VA lenders.  The VA expects the tool to help lenders quickly assess appraisal risk for VA policy compliance violations, over/under-valuations, and appraisal quality issues.  LSAM does not provide an estimate of value or make decisions for the lenders.  In addition, LSAM does not accept or reject appraisals or characterize them as good or bad.
May 15, 2015
Officials from the U.S. Department of Veterans Affairs encouraged Realtors® to help debunk misconceptions regarding the VA Home Loan Guaranty Program.
December 12, 2014
On December 10, 2014, the U.S. Department of Veterans Affairs (VA) released its 2015 Loan Limits.
November 20, 2014
The VA loan limits have remained at higher levels since 2008, at 150% of the GSE loan limits.
November 14, 2014
On Nov. 7, 2014, the Department of Veterans Affairs issued new guidance that allows veterans to negotiate the payment of wood destroying insect inspection fees in select southern and western states.

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