VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 18 — Veteran Building His/Her Own Home
VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 18 — Veteran Building His/Her Own Home.
Verbatim regulatory text
Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 18 — Veteran Building His/Her Own Home — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
VA Pamphlet 26-7, Chapter 10 (Appraisal Process), Topic 18 — Veteran Building His/Her Own Home
Topic 18. Veteran Building His/Her Own Home Change Date: March 11, 2019 This Chapter has been revised in its entirety. a. Veteran Building a Home If a Veteran, acting as a general contractor, is building a home for his/her own occupancy, the appraisal must be ordered as "existing" construction. b. No ID Number or Warranty A VA builder ID number and a construction warranty are not required. c. Veteran’s Statement The lender must obtain the Veteran’s signed acknowledgement that no construction warranty is provided and that VA will not assist with any construction defects.
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Source of record: https://claudeforcompliance.com/regs/va-m26-7-ch10-t18/
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