Basic MPR Checklist Only - VA loan
[Pages:2]Basic MPR Checklist
As a SAR you should understand VA Minimum Property Requirements (MPRs). A detailed explanation of MPRs is located in Chapter 12 of VA Lenders Handbook, and it should be used as your authoritative source regarding VA MPRs.
ly This checklist provides a quick reference for the Basic MPRs and can be used to assist you in
determining whether a property satisfies VA MPRs. Check "Yes" for all MPRs satisfied by the property
n and "No" for MPRs that the property does not satisfy. If you find issues during your review of the appraisal
documents, you can enter your findings in the Comments column.
O Basic MPR and Description s Nonresidential Use: Any nonresidential use of
the property must be subordinate to its residential use and character.
Satisfies MPR?
Comments
se If any portion of a property is designed or used
for nonresidential purposes, that property is
Yes
No
o eligible only if the nonresidential use does not:
Impair the residential character of the
p property. r Exceed 25 percent of the total floor area.
Space Requirements: Each living unit must
u have the space necessary to assure suitable:
Living quarters.
P Sleeping quarters.
Yes
No
Cooking and dining accommodations.
Sanitary facilities.
g Mechanical Systems: Mechanical systems in must:
Be safe to operate.
Be protected from destructive elements.
in Have reasonable future utility, durability
Yes
No
and economy.
For Tra Have adequate capacity and quality.
Page 1 of 2
Basic MPR and Description
Satisfies MPR?
Comments
Heating: Heating must be adequate for healthful and comfortable living conditions.
If the property has an unvented space heater, see the requirements in Section 11.12 of VA's Lenders Handbook.
Homes with a wood burning stove as a primary heating source must also have a permanently installed conventional heating system that maintains a temperature of at least 50 degrees Fahrenheit in areas with plumbing.
Water Supply and Sanitary Facilities: Each unit must have the following:
Domestic hot water A continuing supply of safe and potable
water for drinking and other household uses Sanitary facilities and a safe method of sewage disposal
Roof Covering: The roof covering must: Prevent entrance of moisture. Provide reasonable future utility, durability, and economy of maintenance.
Crawl Space: The crawl space must: Have adequate access. Be clear of all debris.
g Be properly vented. in The floor joists must be sufficiently above the
highest level of the ground to provide access for maintenance and repair of ductwork and
in plumbing.
Any excessive dampness or ponding of water in
a the crawl space must be corrected. r Ventilation: Natural ventilation of structural T spaces such as attics and crawl spaces must be
provided to reduce the effect of excess heat and moisture that could cause decay and
rdeterioration of the structure. oElectricity: Each unit must have electricity for Flighting and for necessary equipment.
Yes
No
ses Yes
No
Purpo Yes
No
Yes
No
Yes
No
Yes
No
Only
Page 2 of 2
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- department of veterans affairs
- must always meet all requirements of 4000 1 for cases
- wood destroying insect inspection report
- chapter 12 property and appraisal requirements
- va termite requirements 3 home inspection radon testing
- manufactured home requirements
- basic mpr checklist only va loan
- clarification of individual water supply system testing
- department of veterans affairs phoenix az 85012
- case number compliance inspection report
Related searches
- va loan eligibility calculator
- usaa va loan rates
- va loan amount calculator
- va loan calculator usaa
- principal only student loan payment
- current va loan rates 30 year fixed
- va loan 30 year rate
- va loan refinance rates today
- what is the current va loan rate
- refinancing a va loan mortgage
- va loan interest rates today usaa
- va loan calculator mortgage calculator