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va minimum property requirements in 2021

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.

So, why does this matter? Because if you’re looking for a home or applying for a VA loan, the property you’re buying or the property you own needs to meet the MPRs. Below, we explain the VA’s main requirements and tell you what to do if your property isn’t a traditional home. Click more to read more about each of the VA property requirements.

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