Construction and Valuation Frequently Asked Questions
Appraisers
1. How are appraisers added to the VA fee panel?
Fee appraiser panels are maintained by the Construction and Valuation section (C&V) at the VA Regional Locan Center (RLC) having jurisdiction over the area in which the appraisals are performed. Qualified appraisers are added to the panel on an "as needed" basis. Inquiries should be made to C&V at the appropriate RLC.
2. What are the requirements for one to be eligible to become a VA fee appraiser?
The requirements for one to be eligible to become a VA fee appraiser are available at this link.
*Note: VA offices will screen applicants credit for delinquent federal debts. And finally, a fee panel vacancy must exist in the area in which the applicant wishes to work.
3. How much time does the appraiser have to complete the appraisal?
Fee appraisers must complete VA assignments as quickly as appraisals for conventional loans are completed in the area where the property is located as determined by VA market surveys. Extenuating circumstances may justify a delay. Refer to Lender's Handbook, Section 11.03.
4. How would you file a complaint against a VA approved appraiser? What address can be used for this purpose?
VA fee appraisers are approved and their performance monitored by the Construction and Valuation Section at the VA Regional Loan Center of jurisdiction. Any complaints concerning appraisal performance should be directed to the Valuation Officer at the Regional Loan Center. A list of VA Regional Loan Centers may be found on our website at:
http://homeloans.va.gov/rlcweb.asp
5. Where can I find a list of approved VA appraisers?
The Construction and Valuation Sections at each of the VA Regional Loan Centers maintain a list of approved VA fee appraisers within their jurisdiction.