Appraisals

VA Appraisers are looking for any hazards within the home or on the property. Commonly looked for hazards are:

• If you’re in an area where termites are common you will be required to have a termite inspection

• Any stairway with three or more stairs will usually require a handrail. The same goes for any raised porches, as they will most likely require a barrier to prevent falling. 

• Raised cracks (if there is a rise of 3+ inches) in the concrete of the driveway or walkway leading to the house

• Chipped and peeling paint on or within the home itself or on any exterior surfaces.

• Cracked or damaged doors or windows

• Any rotted (or otherwise in disrepair) floors or counters 

• Everything on the property must be in working order

• Appraisal is with the property for 120 days from the date of the appraisal

QUALIFICATIONS

VA Loans have some unique qualification guidelines that make it possible for veterans to access the home they want!

• Residual Income requirements replace Debt to Income Ratio Requirements.

• $0 Down Payment

• No Mortgage Insurance