If you are Virtual assistant offers to require lenders to utilize property valuation from an assessment report since the money count on worth throughout the LTV proportion, as stated over, loan providers wouldn’t be needed to play with VA’s assessment request system to obtain the appraisal. Rather, Va indicates one loan providers use their unique assessment management and you may project technique to fulfill it demands, until directed of the Va.

Virtual assistant thinks it could not an effective use of regulators info to require a good Va percentage panel appraisal within these LTV proportion determinations. Read More