![]() ![]() The VA requires the appraisal to be conducted by an individual on their list of certified appraisers. ![]() Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction. Here are five important things to know about VA loan appraisals.įor informational purposes only. The purpose of a VA appraisal is to estimate the value of the property and ensure it meets the VA's minimum requirements. However, any property purchased with this mortgage must first pass a VA home appraisal. When paired with local BAH rates, the VA loan is a powerful tool. Qualifying for a VA loan provides buyers with zero down payments, low-interest rates, and minimalized closing costs. VA loans are specially designed mortgages that make homeownership more accessible for people who've served in the U.S. ![]()
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