Appraisers

This topic describes the requirements that must be followed in appraising property for VA loan guaranty purposes.

Lenders

Lenders with LAPP (Lender Appraisal Processing Program) authority must use the information in this chapter when reviewing the work of VA fee appraisers.  This information will also help lenders without LAPP authority to understand appraisal reports and VA-issued Notices of Value.