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Following underwriter approves your loan, you might personal the mortgage and transfer to your brand-new home

5. Virtual assistant Assessment

Shortly after entry your signed get bargain into the financial, might request the fresh Virtual assistant so you’re able to appraise the home. Again, you would like a beneficial Virtual assistant-certified appraiser because they are always elements needed for Va investment. A good Virtual assistant appraiser will make sure our home are appreciated precisely and you can represents the current market worth.

The latest appraiser usually see the home to be certain it seats the new Va minimum assets standards (Va MPR). Continue reading