TIP OF THE DAY- VA SAR ISSUANCE OF NOV
TIP OF THE DAY- VA - SAR ISSUANCE OF NOV
For cases processed under LAPP, the SAR must send the
· veteran borrower the NOV and a copy of the reviewed appraisal report, within five business days of the lender’s earliest receipt of the appraisal report by the SAR or an authorized agent/broker.
Note: Any delay without documented, reasonable extenuating circumstances, such as the need to obtain additional information from the fee appraiser, will not be acceptable.