VA Appraisal Report Information Collection for GSE Industry Forms
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The notice renews and updates VA’s information collection rules for appraisal reports used in VA-guaranteed home loans. Appraisers must continue using industry-standard appraisal reports so VA can assess property value before guaranteeing a mortgage. The practical impact is limited but important for VA loan appraisers, lenders, and borrowers. Comments on the proposed information collection are due by June 22, 2026.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Renews VA’s approved information collection for GSE industry appraisal reports
- Keeps the requirement for appraisers to use industry-standard appraisal reports for VA-guaranteed loans
- Updates the collection by consolidating prior references to specific appraisal forms
Obligations
What this law requires
Appraisers completing appraisals for VA-guaranteed loans must use the required Government-Sponsored Enterprise industry-standard appraisal reports so VA can support property valuation determinations during underwriting.
Interested parties submitting comments or recommendations on the proposed VA information collection must submit them through www.reginfo.gov by searching for the title or OMB Control No. 2900-0890.