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Loan Programs

VA Appraisal

Direct definition

A VA appraisal is a property valuation required for VA-guaranteed loans that also checks the home against VA minimum property requirements.

Written by the Vabasso Mortgage Editorial Team · Reviewed against agency and federal sources · Read our editorial policy for how we research and review mortgage content

Plain-English explanation

In addition to estimating market value, a VA appraisal evaluates whether the property meets minimum property requirements for health and safety set by the VA. The appraisal is completed by a VA-approved appraiser and results in a Notice of Value.

Why it matters

Because it combines valuation with a property condition check, a VA appraisal can flag repair items that need to be addressed before closing.

Where you may see it

  • Notice of Value
  • VA loan file

A real-world example

For illustration, a VA appraiser might note peeling paint or a safety hazard that needs repair before the loan can close.

Educational and illustrative only

A common misunderstanding

A VA appraisal is not the same as a home inspection — it focuses on value and minimum property requirements, not a comprehensive condition review.

Frequently asked

Should I still get a home inspection with a VA appraisal?+

Many buyers choose to get an independent home inspection in addition to the VA appraisal, since the appraisal is not a substitute for a full inspection.

Ask Vabasso AI

This glossary provides general educational information. Mortgage terminology, qualification methods, forms, timelines, fees, program rules, and legal meanings may vary by lender, investor, loan program, property, occupancy, state, and transaction. Definitions do not represent loan approval, legal advice, tax advice, or a commitment to lend.
Author
Vabasso Mortgage Editorial Team
Reviewed by
Vabasso Mortgage Licensed Advisory Team
Last reviewed
July 30, 2026

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