H. R. 7735 
One Hundred Seventeenth Congress 
of the 
United States of America 
AT THE SECOND SESSION 
Begun and held at the City of Washington on Monday, 
the third day of January, two thousand and twenty-two 
An Act 
To direct the Secretary of Veterans Affairs to update the appraisal requirements 
for certain loans guaranteed by the Department of Veterans Affairs, and for 
other purposes. 
Be it enacted by the Senate and House of Representatives of 
the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Improving Access to the VA 
Home Loan Benefit Act of 2022’’. 
SEC. 2. RECOMMENDATIONS FOR IMPROVING APPRAISAL DELIVERY 
TIMES. 
Not later than 90 days after the date of the enactment of 
this Act, the Secretary of Veterans Affairs shall submit to the 
Committees on Veterans’ Affairs of the Senate and House of Rep-
resentatives recommendations for improving the delivery times for 
appraisals for loans guaranteed by the Department of Veterans 
Affairs. 
SEC. 3. UPDATE OF APPRAISAL REQUIREMENTS FOR CERTAIN LOANS 
GUARANTEED BY THE DEPARTMENT OF VETERANS AFFAIRS. 
(a) UPDATED REGULATIONS REQUIRED.—Not later than 180 days 
after the date of the enactment of this Act, the Secretary of Veterans 
Affairs shall prescribe updated regulations or program requirements 
to clarify when an appraisal is required, how an appraisal is to 
be conducted, and who is eligible to conduct an appraisal for a 
loan guaranteed by the Department of Veterans Affairs under 
chapter 37 of title 38, United States Code, for any purpose described 
in section 3710(a) of such title. In prescribing updated regulations 
or program requirements under this section, the Secretary shall 
take into consideration the recommendations of the Secretary sub-
mitted under section 2. 
(b) WAIVER OF REQUIREMENT FOR CERTAIN PROPERTIES.—In 
prescribing updated regulations or program requirements under 
subsection (a), the Secretary shall consider making changes 
applicable to— 
(1) certification requirements for appraisers; 
(2) minimum property requirements; 
(3) the process for selecting and reviewing comparable 
sales; 
(4) quality control processes; 
(5) the Assisted Appraisal Processing Program; and 
(6) the use of waivers or other alternatives to existing 
appraisal processes.
H. R. 7735—2 
(c) DESK TOP APPRAISALS.—In prescribing updated regulations 
or program guidance under subsection (a), the Secretary shall pro-
vide guidance for the use of the authority under section 3731(b)(3) 
of title 38, United States Code, taking into consideration— 
(1) situations in which the use of such authority would 
provide for cost savings for the borrower; and 
(2) situations in which a traditional appraisal requirement 
could cause a delay substantial enough to jeopardize the ability 
of a borrower to complete a transaction. 
SEC. 4. DETERMINATION OF BUDGETARY EFFECTS. 
The budgetary effects of this Act, for the purpose of complying 
with the Statutory Pay-As-You-Go Act of 2010, shall be determined 
by reference to the latest statement titled ‘‘Budgetary Effects of 
PAYGO Legislation’’ for this Act, submitted for printing in the 
Congressional Record by the Chairman of the House Budget Com-
mittee, provided that such statement has been submitted prior 
to the vote on passage. 
Speaker of the House of Representatives. 
Vice President of the United States and
President of the Senate.