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VA RIN: 2900-AS02 Publication ID: Spring 2024 
Title: ●Loan Guaranty: Minimum Property Requirements for VA-Guaranteed and Direct Loans 
Abstract:

The Department of Veterans Affairs (VA) is proposing to amend the minimum property requirements (MPRs) for VA-guaranteed and direct loans. VA considered information received in response to the advance notice of proposed rulemaking (ANPRM) in implementing the Improving Access to the VA Home Loan Benefit Act of 2022 (the Act). The Act requires VA to consider making changes to MPRs in prescribing updated regulatory requirements regarding appraisals.

 
Agency: Department of Veterans Affairs(VA)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 38 CFR 36.4351    38 CFR 36.4527(c)(4)   
Legal Authority: 38 USC 3704(a)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  12/11/2023  88 FR 85863   
ANPRM Comment Period End  02/09/2024 
NPRM  To Be Determined 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Stephanie Li
Assistant Director for Regulations, Legislation, Engagement, and Training
Department of Veterans Affairs
Veterans Benefits Administration, 810 Vermont Avenue NW,
Washington, DC 20420
Phone:202 461-9700
Email: stephanie.li@va.gov