{"id":214102,"date":"2023-11-06T08:33:10","date_gmt":"2023-11-06T08:33:10","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/"},"modified":"2023-11-06T08:33:10","modified_gmt":"2023-11-06T08:33:10","slug":"how-long-does-a-va-reconsideration-of-value-take","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/","title":{"rendered":"How long does a VA reconsideration of value take?"},"content":{"rendered":"<p>If you&#8217;re a veteran who is looking to secure a VA loan, you might be wondering about the timeline for the VA reconsideration of value. Whether you&#8217;re buying a new property or refinancing your existing one, understanding the time frame for this process is crucial. In this article, we&#8217;ll address this question directly, so you can have a better idea of what to expect. So, let&#8217;s dive in!<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#Answer_A_VA_reconsideration_of_value_typically_takes_anywhere_from_a_few_days_to_several_weeks\" title=\"Answer: A VA reconsideration of value typically takes anywhere from a few days to several weeks.\">Answer: A VA reconsideration of value typically takes anywhere from a few days to several weeks.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#Related_or_similar_FAQs\" title=\"Related or similar FAQs:\">Related or similar FAQs:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#1_What_is_a_VA_reconsideration_of_value\" title=\"1. What is a VA reconsideration of value?\">1. What is a VA reconsideration of value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#2_Why_would_a_veteran_request_a_reconsideration_of_value\" title=\"2. Why would a veteran request a reconsideration of value?\">2. Why would a veteran request a reconsideration of value?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#3_How_does_the_VA_reconsideration_process_work\" title=\"3. How does the VA reconsideration process work?\">3. How does the VA reconsideration process work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#4_What_kind_of_evidence_can_a_veteran_provide_for_a_reconsideration\" title=\"4. What kind of evidence can a veteran provide for a reconsideration?\">4. What kind of evidence can a veteran provide for a reconsideration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#5_How_should_a_veteran_submit_a_reconsideration_of_value_request\" title=\"5. How should a veteran submit a reconsideration of value request?\">5. How should a veteran submit a reconsideration of value request?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#6_Can_a_veteran_request_more_than_one_reconsideration\" title=\"6. Can a veteran request more than one reconsideration?\">6. Can a veteran request more than one reconsideration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#7_Will_a_VA_reconsideration_of_value_always_result_in_a_change\" title=\"7. Will a VA reconsideration of value always result in a change?\">7. Will a VA reconsideration of value always result in a change?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#8_Can_a_veteran_be_present_during_the_reconsideration_process\" title=\"8. Can a veteran be present during the reconsideration process?\">8. Can a veteran be present during the reconsideration process?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#9_How_often_does_the_VA_reconsideration_process_result_in_a_change\" title=\"9. How often does the VA reconsideration process result in a change?\">9. How often does the VA reconsideration process result in a change?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#10_Can_a_veteran_appeal_the_final_decision_on_a_reconsideration\" title=\"10. Can a veteran appeal the final decision on a reconsideration?\">10. Can a veteran appeal the final decision on a reconsideration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#11_Does_a_VA_reconsideration_of_value_affect_the_loan_closing_process\" title=\"11. Does a VA reconsideration of value affect the loan closing process?\">11. Does a VA reconsideration of value affect the loan closing process?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#12_Can_a_veteran_request_a_reconsideration_after_the_loan_has_closed\" title=\"12. Can a veteran request a reconsideration after the loan has closed?\">12. Can a veteran request a reconsideration after the loan has closed?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Answer_A_VA_reconsideration_of_value_typically_takes_anywhere_from_a_few_days_to_several_weeks\"><\/span>Answer: A VA reconsideration of value typically takes anywhere from a few days to several weeks.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The timeline for a VA reconsideration of value can vary depending on various factors. Some of the common factors that can influence how long the process takes include the complexity of the case, the availability of the appraiser, and the workload of the VA office. While some reconsiderations may be resolved quickly, others could take several weeks. It&#8217;s crucial to have patience during this process and rely on your lender for timely updates.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Related_or_similar_FAQs\"><\/span>Related or similar FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_What_is_a_VA_reconsideration_of_value\"><\/span>1. What is a VA reconsideration of value?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA VA reconsideration of value is a process that allows a veteran to challenge the appraised value assigned to a property, potentially impacting their loan eligibility or terms.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Why_would_a_veteran_request_a_reconsideration_of_value\"><\/span>2. Why would a veteran request a reconsideration of value?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA veteran might request a reconsideration of value if they believe the assigned appraised value does not accurately reflect the true market value of the property they intend to purchase or refinance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_How_does_the_VA_reconsideration_process_work\"><\/span>3. How does the VA reconsideration process work?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTo initiate a VA reconsideration of value, the veteran or their lender must provide additional evidence or information supporting their claim. The VA will then review this information and make a determination.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_kind_of_evidence_can_a_veteran_provide_for_a_reconsideration\"><\/span>4. What kind of evidence can a veteran provide for a reconsideration?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCommon evidence for a VA reconsideration of value includes recent sales data of similar properties in the area, improvements made to the property, or any other relevant information that could impact the value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_How_should_a_veteran_submit_a_reconsideration_of_value_request\"><\/span>5. How should a veteran submit a reconsideration of value request?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA veteran should work closely with their lender to ensure all necessary documents are submitted correctly and in a timely manner. The lender will handle the communication and submission process with the VA.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_a_veteran_request_more_than_one_reconsideration\"><\/span>6. Can a veteran request more than one reconsideration?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, a veteran can submit multiple reconsideration requests if they have additional evidence or information to support their claim. However, each reconsideration request will follow its own timeline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_Will_a_VA_reconsideration_of_value_always_result_in_a_change\"><\/span>7. Will a VA reconsideration of value always result in a change?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, a VA reconsideration of value does not guarantee a change in the appraised value. The VA will review the evidence submitted and make a decision based on the information provided.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_a_veteran_be_present_during_the_reconsideration_process\"><\/span>8. Can a veteran be present during the reconsideration process?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nTypically, veterans are not directly involved in the VA reconsideration of value process. The lender and the VA handle the communication and review of documentation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_How_often_does_the_VA_reconsideration_process_result_in_a_change\"><\/span>9. How often does the VA reconsideration process result in a change?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe frequency of changes resulting from a VA reconsideration of value can vary. While some reconsiderations lead to adjustments, others may not result in any changes to the original appraised value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_a_veteran_appeal_the_final_decision_on_a_reconsideration\"><\/span>10. Can a veteran appeal the final decision on a reconsideration?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf a veteran disagrees with the final decision on a reconsideration, they have the option to appeal. The appeal process will involve providing additional evidence or information to support their claim.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Does_a_VA_reconsideration_of_value_affect_the_loan_closing_process\"><\/span>11. Does a VA reconsideration of value affect the loan closing process?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, a VA reconsideration of value can potentially impact the loan closing process. If the reconsideration leads to a change in the appraised value, it may affect the loan terms and require additional steps before closing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Can_a_veteran_request_a_reconsideration_after_the_loan_has_closed\"><\/span>12. Can a veteran request a reconsideration after the loan has closed?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNo, a veteran cannot request a reconsideration of value once the loan has closed. It&#8217;s essential to address any concerns and initiate the process before the loan reaches the closing stage.<\/p>\n<p>In conclusion, the timeline for a VA reconsideration of value can vary depending on several factors. It&#8217;s crucial for veterans to understand the process, work closely with their lender, and have patience during this period. Remember, having a clear understanding of the potential time frame will help you plan and stay informed throughout the process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re a veteran who is looking to secure a VA loan, you might be wondering about the timeline for the VA reconsideration of value. Whether you&#8217;re buying a new property or refinancing your existing one, understanding the time frame for this process is crucial. In this article, we&#8217;ll address this question directly, so you &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How long does a VA reconsideration of value take?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-long-does-a-va-reconsideration-of-value-take\/#more-214102\">Read more<span class=\"screen-reader-text\">How long does a VA reconsideration of value take?<\/span><\/a><\/p>\n","protected":false},"author":54,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-214102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How long does a VA reconsideration of value take?<\/title>\n<meta name=\"description\" content=\"If you&#039;re a veteran who is looking to secure a VA loan, you might be wondering about the timeline for the VA reconsideration of value. 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