The VA appraisal system randomly selects approved appraisers who work in the area of the home purchase. Most VA-approved appraisers are regular full-time appraisers who perform appraisals for other home loan types as well. They are independent and licensed 3rd party appraisers hired to assess the value of a home. Their role is to protect the Veteran borrower, the VA and the lender in making sure the home is not being purchased for more than it is worth. They also check to make sure the home meets the VA’s minimum safety and quality guidelines, meaning that the home is finished out, functional and operational.
To get started on your VA Home Loan, call us at 888-241-5657 or fill out the short form on this page. A specialist from our team will contact you and assist you with your VA Mortgage pre-qualification.