Attention A T users. To access the menus on this page please perform the following steps. 1. Please switch auto forms mode to off. 2. Hit enter to expand a main menu option (Health, Benefits, etc). 3. To enter and activate the submenu links, hit the down arrow. You will now be able to tab or arrow up or down through the submenu options to access/activate the submenu links.
Get more information on the Veterans Benefits Banking Program
Get more information on the VA Anti-Harassment and Anti-Sexual Assault Policy
 

VA Home Loans

VA Appraisal Fee Schedules and Timeliness Requirements

The allowable fees for the appraisal type and the number of days allowed for completion can be found in the table below under the supporting Regional Loan Center.

Fee and Timeliness Announcement

Due to the unprecedented demand for appraisal services, some market areas have seen dramatic increases in appraisal fees. VA is aware of this and considers some fees and timeliness to be a temporary reaction caused by market demand. As a result, VA has increased appraisal fees and extended timeliness requirements in some markets facing a high demand for appraisal services. Timeliness starts the first business day after assignment date.

*These changes may not be permanent, and VA will continue to assess the market’s demand for appraisal services and will adjust appraisal fees and timeliness requirements accordingly.

High Demand Counties

Several counties across the nation have be identified as High Demand Counties, counties in which the increased demand for appraisal services has created shortage of available appraisers. While VA considers this to be a temporary market fluctuation, appraisal fees have been increased in these counties to reflect the increased demand in this seller’s market.

*The fees and timeliness increases will be reevaluated in the future and may need to be readjusted.

Counties Where Appraisers are Needed

VA encourages appraisers based in or serving these counties to submit an application for VA fee appraiser panel.

Liquidation Appraisal

Appraisers are no longer authorized to charge an additional $50 above the fee indicated in the table. Liquidation appraisal timeliness is the same as typical assignments in the geographical area.

Cancelled Assignments

Lenders must notify the assigned VA appraiser and the VA office of jurisdiction when an order has been cancelled. Notification is to be made via emailnotes in WebLGY are not sufficient notification to VA that an assignment has been cancelled.

VA allows appraisers to charge for time and work completed according to the following schedule:

  • Work completed after assignment acceptance in WebLGY, but prior to setting an appointment will not exceed $50.
  • If an appointment is made and notes placed in WebLGY confirming the date and time of appointment, and with whom the appointment was placed prior to the cancelation, the fee will not exceed $175.
  • After the review of the interior of the property has been completed, the fee will not exceed 50 percent of the posted fee.
  • If the report is fully completed, signed, and uploaded in WebLGY prior to cancellation, the full fee for the appraisal shall be paid to the appraiser.

Additional Fees

Requests for mileage fees must be approved by the Regional Loan Center (RLC) prior to the appraiser starting the appraisal. Authorized mileage fees will be charged at the rate allowed by the General Services Administration (GSA) or a flat rate approval based on unusual circumstances (i.e., weather conditions, unpassable roads, the need to use off road vehicles etc.). To determine GSA’s current mileage rates, please visit https://www.gsa.gov/travelresources.

Appraisal fees for the Islands of Vieques and Culebra will be the same as in the U.S. Virgin Islands. Reimbursement for public and private transportation expenses (air, boat, ground transportation, or the use of specialty vehicles) incurred to perform appraisals in the islands of Vieques and Culebra; the U.S. Virgin Islands; Alaska; outer Islands of Hawaii; and the Commonwealth of the Northern Mariana Islands is authorized when accompanied by supporting documentation.

When an appraisal assignment is completed for proposed or under construction properties the appraiser may charge an additional $50 fee above the published VA appraisal fee for that property type.

All re-inspection fees are $150.

Payments

Lenders and other appraisal requestors should note that VA Form 26-1805, VA Request for Determination of Reasonable Value (Real Estate), states “On receipt of ‘Notice of Value’ or upon advice from the Department of Veterans Affairs that a ‘Notice of Value’ will not be issued, we agree to forward to the appraiser the approved fee which we are holding for this purpose.” If a payment has not been made within 30 days of billing, a late fee charge not to exceed state usury statutes is authorized.

Late fees cannot be charged to the Veteran. Lender Appraisal Processing Program lenders are responsible for their approved agents.

 

Regional Loan Center States Appraisal Fees and Timeliness

Atlanta

- Georgia
- North Carolina
- South Carolina
- Tennessee
 Download 

Cleveland

- Connecticut
- Delaware
- Indiana
- Maine
- Massachusetts
- Michigan
- New Hampshire
- New Jersey
- New York
- Ohio
- Pennsylvania
- Rhode Island
- Vermont
 Download

Denver

- Alaska
- Colorado
- Idaho
- Montana
- Oregon
- Utah
- Washington
- Wyoming
 Download

Houston

- Arkansas
- Louisiana
- Oklahoma
- Texas
 Download

Phoenix

- American Samoa
- Arizona
- California
- Commonwealth of the Northern Mariana Islands
- Guam
- Hawaii
- New Mexico
- Nevada
 Download

Roanoke

- District of Columbia
- Kentucky
- Maryland
- Virginia
- West Virginia
 Download

St. Paul

- Illinois
- Iowa
- Kansas
- Minnesota
- Missouri
- Nebraska
- North Dakota
- South Dakota
- Wisconsin
 Download

St. Petersburg

- Alabama
- Florida
- Mississippi
- Puerto Rico
- U.S. Virgin Islands
Download