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Biden Signs Bill to Streamline VA Home Loan Appraisals

President Joe Biden has signed a bill to streamline the appraisal process for Department of Veterans Affairs home loans, after the Senate passed the legislation by unanimous consent. So reports Military.com.

Biden smile 5621670 640 150x150The Improving Access to the VA Home Loan Benefit Act directs the VA to recommend ways that Congress can speed up appraisals and to publish new guidance on appraisals.

Under the newly enacted law, the guidance should include when to permit desktop appraisals, based on public documents including tax records.

Read the full article from Military.com.

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