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United States · Bill · S

S. 4208 (117th)

Improving Access to the VA Home Loan Act of 2022

openUnited States· United States Congress· EN

Introduced

12 May 2022

Last action

13 July 2022 · Committee

Status

Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 117-635.

Sponsors

Sen. Sullivan, Dan [R-AK], Sen. Rosen, Jacky [D-NV]

Subjects

Defence, Housing

Source updated

29 May 2026

Defence · Housing

Summary

Improving Access to the VA Home Loan Act of 2022 This bill requires the Department of Veterans Affairs (VA) to update regulations, requirements, and guidance related to appraisals for housing loans guaranteed by the VA. Specifically, such regulations or requirements must specify when an appraisal is required, how an appraisal is to be conducted, and who is eligible to conduct an appraisal for such loans. The VA must also provide additional guidance for desktop appraisals, which are performed remotely using information gathered by third parties with whom a VA-approved appraiser has entered into an agreement for such appraisal. In updating such guidance, the VA must specifically take into account situations where (1) desktop appraisals provide cost savings for borrowers, and (2) a traditional appraisal requirement could cause time delays and jeopardize the completion of a transaction.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 May 2022

    Introduced

    Read twice and referred to the Committee on Veterans' Affairs.

    Source: IntroReferral

  2. 12 May 2022

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 13 July 2022

    Committee

    Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 117-635.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 12 May 2022

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 12 May 2022

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 12 May 2022

    Open at official source

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Sponsors

Related records

Sources

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