what inspections does a va loan require

Best answer

VA Loans Require aTermite/WDI InspectionThe first difference between other loan types and VA loans is the requirement of WDI, or Wood-Destroying Insect inspections of all habitable structures on the property. This requirement holds true whether you are in San Antonio, New Braunfels, or any other part of Texas.

People also ask

  • Is a VA home inspection required for VA loans?

  • As one of the VA home loan requirements a VA home inspection is required. The VA has a very specific appraisal process in order to qualify for a VA home loan. But what about a home inspection?

  • What are VA loan property requirements and how do they work?

  • What Are VA Loan Property Requirements? The VA has developed a list of Minimum Property Requirement (MPR), and the home must meet these requirements to qualify for a VA mortgage. During the appraisal process, the home appraiser will conduct a home inspection to ensure it meets the MPRs.

  • What is a borrower-arranged VA inspection?

  • Borrower-arranged VA inspections help home buyers make fully informed choices when considering a piece of real estate and its condition. A good home inspection involves a complete examination of the property. Home inspectors take an in-depth look at the home, including its foundation, roof, electrical systems and crawlspace.

  • What should I look for when buying a VA home?

  • In fact, VA home buyers should have a home inspection checklist ready to hand their home inspector. VA loans have some of the highest home quality standards. Once a property is chosen, home buyers should make sure that the home meets all legal and safety requirements, as well as VA minimum property requirements.

    Related Posts

    Leave a Reply

    Your email address will not be published.