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VA Loan Regional Center Spotlight: Denver

Denver skyline

When applying for a VA loan, it's important to remember that an appraiser is always required to estimate the true value of the home. Their decision affects the bottom line: the VA will only back a loan to the maximum value of the home. It may come as a surprise, but where you live can affect appraiser fees. The VA has a few regional loan centers that handle multiple states, and their standards set the bar on how much you pay for the appraiser to look at the home.

This week's regional center spotlight: Denver

The Denver Regional Office is open for walk-in interviews with our Benefits Counselors from 8:00 a.m. until 4:00 p.m., Monday through Friday.  The Regional Office Benefits Counselors are available by telephone
(1-800-827-1000) from 7:00 a.m. until 7:00 p.m. MST, Monday through Friday.

States handled:

  • Alaska
  • Colorado
  • Idaho
  • Montana
  • Oregon
  • Washington
  • Wyoming

Timeliness standards:

State Business Days
Alaska  

Anchorage/Eagle River/Fairbanks

10
Kodiak 15
Juneau 12
Ketchikan 21
Kenai/Soldotna 15
North Pole 12
Wasilla/Plamer 12
Colorado 7
Idaho 7
Montana (Except counties shown below) 10
Fergus, Gallatin, Meagher, Park, Sweet Grass, Wheatland 21
Oregon 10
Utah 7
Washington 7
Wyoming  
Ceyenne 7
Rest of State 10

Fee Schedule September 2012

State Single Family Duplex Tri-Plex 4Plex Condo *Liquidation Appraisals Repair Iinspection
Alaska $700 $850 $900 $900 $700 See Below $100
Colorado $400 $600 $625 $650 $400 See Below $100
Idaho $450 $650 $675 $675 $475 See Below $100
Montana $500 $600 $625 $650 $500 See Below $100
Oregon $500 $600 $625 $650 $500 See Below $100
Utah $425 $650 $650 $650 $425 See Below $100
Washington $500 $650 $750 $800 $500 See Below $100
Wyoming $500 $600 $625 $650 $500 See Below $100

NOTE: The above- indicated fee for single family, duplex, triplex, 4-unit, and condo appraisals includes a $50 VA nationally approved fee for the completion of the 1004MC form. This form is required on all VA appraisals, to include liquidation appraisals.

*If the appraisal is completed for liquidation appraisal purposes, appraisers are authorized to charge an additional $50 fee above the fee indicated for the particular type of appraisal shown above.

Any allowable mileage fee is calculated at $.555 per mile.

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