source:
  type: guide
  id: va-m26-7-ch10-t01
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 1 — Appraisal
    Process Summary
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 1 — Appraisal
    Process Summary.
  coverage_tier: operative
obligations:
- id: va-m26-7-ch10-t01-full
  canonical_id: va-m26-7-ch10-t01-full
  section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 1 — Appraisal
    Process Summary
  type: do
  tags:
  - regulator-direct
  - va
  - va-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 1 — Appraisal
      Process Summary
    source_class: va-handbook
    source_url: https://www.benefits.va.gov/warms/pam26_7.asp
    snapshot_id: 454f0e7af6f49c3b
    fetched_at: '2026-05-23T01:53:53Z'
    content_hash: sha256:0551eb031df071b1ef69a627ad29b5a2c41dc00e3e2b9ccd421133b2561fa57d
    paragraph_quote: '1. Appraisal Process Summary Change Date March 11, 2019 • This
      chapter has been revised in its entirety. a. Purpose Appraisals are performed
      to protect the interests of Veterans, lenders, servicers and VA. b. Appraisals
      Requested Online Authorized requesters may order appraisals online in WebLGY
      only after a Certificate of Eligibility (COE) has been requested. In most cases,
      VA will automatically assign an appraiser on VA’s fee appraiser panel to perform
      the appraisal. c. Appraisal Guidelines The fee appraiser will estimate the market
      value of the property in accordance with the Uniform Standards of Professional
      Appraisal Practice (USPAP) and VA appraisal guidelines. The appraiser will note
      any readily apparent repairs needed for the property to meet VA’s Minimum Property
      Requirements (MPRs). d. Appraisal Review The completed appraisal report will
      be uploaded into WebLGY and electronically scored by VA’s Appraisal Management
      System (AMS). A Staff Appraisal Reviewer (SAR) employed by a lender or servicer,
      or VA staff, will review the appraisal and issue a Notice of Value (NOV) to
      the Veteran. e. Oversight VA staff performs oversight by conducting desk and
      field reviews of completed appraisals and NOVs. VA Pamphlet 26-7, Revised Chapter
      10: Appraisal Process 10-4'
  judgment: false
