National Association of Home Builders
VARulemakingVA-2023-VBA-0028

AS02-Advance notice of proposed rulemaking-Loan Guaranty: Minimum Property Requirements for VA-Guaranteed and Direct Loans

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Aug 26, 2024
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closed 900d ago
National Association of Home Builders filings
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National Association of Home Builders filed 1 comment on this docket between Feb 12, 2024 and Feb 12, 2024. 11 other organizations filed here. The comment window closed 900d ago.

What National Association of Home Builders filed (1)

Feb 12, 2024· Comment on AS02-ANPRM-National Association of Home Builders· VA-2023-VBA-0028-0149

Filed on regulations.gov — full text not in the inline record.

Abstract

The Department of Veterans Affairs (VA) is requesting public comment on the minimum property requirements (MPRs) for VA-guaranteed and direct loans. VA will consider information received in response to this advance notice of proposed rulemaking (ANPRM) in implementing the Improving Access to the VA Home Loan Benefit Act of 2022 (the Act). The Act requires VA to consider making changes to MPRs in prescribing updated regulatory requirements regarding appraisals. This ANPRM seeks public input to better understand areas for improvement in MPRs, including whether VA should consider adopting an approach that aligns with other industry-wide property standards already in existence.

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