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An appraisal also checks that the house meets the VA’s minimum property requirements. VA loan inspection requirements While a home inspection is not required for a VA loan, you will need to get ...
In addition, not every property will meet the VA’s minimum property requirements (MPRs). Types of VA home loans Whether purchasing or building a home or refinancing a mortgage, there are a ...
Credit score: While the government sets no minimum credit score for getting a VA loan, the individual lender, which actually approves the mortgage, probably does. If your credit score isn’t in ...
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An FHA appraiser will observe, analyze and report on whether a property meets the U.S. Department of Housing and Urban Development’s (HUD) “minimum property requirements.”
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