Appraisal and Inspection Fee Schedule

VA is currently implementing a new servicing system known as VALERI. Servicers are being moved to the new environment in groups throughout 2008. For additional information on the transition, please click on the link.

Instructions for Access to Vacant Properties for Liquidation Appraisals.

Loan Modifications under VALERI

As of July 24, property management functions for VA Loan Guaranty move from Ocwen Loan Servicing, LLC, to Countrywide Home Loans. Please refer to the circular for information on the change. VA Circular 26-08-07, Change 1, June 18, 2008.

• Hazard Insurance Requirements

• Loan Guaranty Requirements Regarding Properties Located in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, and Wisconsin Affected by Natural Disasters

• Property Preservation and Allowable Liquidation Fees and Costs

• Conveyance of Properties to VA

• Claim Adjustment on a Modified Loan

• Loans Paid in Full

Published Regulations -1/27/2005

• Regulations have just been published which formally implement Public Law 107-103. This statute was enacted on December 27, 2001. A number of the provisions of this public law have since been amended by subsequent statutes, including recently enacted P.L. 108-454, provisions of which are described in Circular 26-04-12.
• This newly-published regulation as it pertains to the VA guaranty amount has been superseded by P.L. 108-454. All other provisions reflect existing program requirements, including the current maximums for the specially adapted housing grant and the special housing adaptations grant of $50,000 and $10,000, respectively. There is nothing in this regulatory amendment which has not already been implemented pursuant to the law.