What are the VA Minimum Property Requirements?
A VA loan is guaranteed by the government , which makes it easier to get a VA home loan! That’s because that government guarantee allows VA approved lenders like HomePromise to lend money to borrowers who have lower credit scores and higher debt-to-income ratios. But for that government guarantee to happen, the property in question needs to meet certain requirements. According to the VA Lender’s Handbook , Minimum Property Requirements (MPRs) help ensure that the property is safe, structurally sound, and sanitary.