This is because the appraiser must assume that a house of this age has lead-based paint. If you are looking at homes built prior to 1978, there’s a good chance the appraiser will request paint repairs. Lead-based paint is another big issue for VA loans. Start here (Sep 9th, 2023) Lead-based paint Infestations, like termites, can cause expensive and dangerous damage to the foundation of a home.Ĭheck your VA home buying eligibility. The VA appraiser will search the property for such items, along with evidence of any wood-destroying insects. The property must be free of defective construction or decay. The access has to be viable year-round.įor multi-unit homes, each unit must be accessible without trespassing through another unit or another’s property. The VA requires the home to have adequate access either by foot or car from a public or private street. Water, gas, sewer or electricity may be shared by multiple units under the same VA loan, provided there are separate shutoffs for each home unit. If you’re looking at a 2- to 4-unit home, you’ll want to know that laundry and storage space can be shared between the units. Start here (Sep 9th, 2023) Utilities & multi-unit homes Likewise, the attic must be vented.Ĭheck your VA mortgage rates. If left unchecked, rotting support beams underneath the home can cause structural damage. An unvented crawl space can result in dampness or dry rot. The crawl must be accessible, clear of debris, and properly vented. The crawl space, or “crawl,” is the space underneath the floor. If there’s not enough life left, the roof will need to be replaced. It’s a dedicated roof report that states that the roof has a certain number of years of life left. If there is doubt about the roof, expect the VA underwriter to require a roof inspection, which is different than a home inspection or appraisal. However, the VA also requires the roof and/or shingles to have viable life left. The roof must not leak, which is common sense. Homes on a community well will be required to prove that the community system is of adequate size for the number of homes served, and that water will be delivered at a reasonable cost going forward. No matter which kind of financing you choose, it’s a good idea to obtain a water analysis on an individual well prior to buying the home. Homes with a well instead of a community or public water system may require a water quality analysis to ensure that the water is safe to drink. Whether it’s a public or private system, meaning city sewage disposal or septic tank, the sewage system has to work properly. The home must also have a working septic system. The home must have its own water heater as well as safe, potable (drinkable) water supply. The VA requires the home to have electricity in all areas of the home for lighting and equipment. Solar systems that heat water or living space must be backed up with conventional methods. Why 50 degrees? Because it’s well above the point at which water pipes can freeze, burst, and flood the home. Homes with a wood-burning stove also need to have a backup heating system that can sustain the home temperature at 50 degrees. Or without safe, reliable mechanical systems that appear to be in working order and will continue to function after you purchase the home.Īny homes without these basic amenities should be passed by, whether or not you get a VA loan, because the home is simply not going to suit an individual or family. There are a couple of basic requirements that you probably won’t have any problem with, as you will most likely weed out such properties that don’t have adequate spaces for So let’s get into some detail on what all that means in a real-life situation. The Department of Veterans Affairs wants to make sure that service members are getting homes that are liveable. If it’s a new construction home, it must meet the local building code as well as HUD requirements. Also, that it meets local standards for a permanent home. The overall goal of MPRs is to ensure the home is safe, sanitary, and structurally sound for residential use. Start here (Sep 9th, 2023) What are Minimum Property Requirements (MPRs)? If the home does not meet MPRs during the VA appraisal process, it will need to be repaired to these standards, or the loan will not be approved.Ĭheck your VA home buying eligibility. MPRs are the minimum standards that the home needs to meet for VA loan approval. If you plan to buy a home with a VA home loan, you should know about VA’s minimum property requirements, or MPRs.
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