Why does a refinance va loan need tetmite inspection?

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Francis McDermott asked a question: Why does a refinance va loan need tetmite inspection?
Asked By: Francis McDermott
Date created: Mon, Feb 15, 2021 11:22 AM
Date updated: Tue, Sep 27, 2022 6:55 PM

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Video answer: Who pays for a termite inspection on a va loan in florida…

Who pays for a termite inspection on a va loan in florida…

Top best answers to the question «Why does a refinance va loan need tetmite inspection»

A termite inspection for a VA loan may uncover an existing infestation or damage from past infestations. It may also provide insight into conditions that could be vulnerable to pests.

Can a veteran pay for a pest inspection on a refinance loan?

  • The only exception to the requirement is a VA Interest Rate Reduction Loan (VA IRRRL). VA IRRRL’s do not require a termite report. While a Veteran is not allowed to pay for the inspection on a purchase, they can pay for the pest inspection on a VA refinance loan. The reason is that the Veteran already owns the house.

Video answer: Pest inspection on va loans mortgage guidelines by state

Pest inspection on va loans mortgage guidelines by state

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Video answer: You need to refinance now

You need to refinance now