How Long Does It Take to Get a VA Appraisal?
In the summer of 2020, I was in the process of buying my first home. I had already found the perfect place and was eager to get the ball rolling on the mortgage process. One of the first steps was to get a VA appraisal. I had heard that VA appraisals could take a while, but I wasn’t sure how long.
I called the VA lender and asked how long it would take to get an appraisal. The lender told me that it could take anywhere from 10 to 30 days. I was surprised by how long it could take, but I was determined to get my appraisal done as quickly as possible. I called several different appraisers and finally found one who could do the appraisal within two weeks.
What Is a VA Appraisal?
A VA appraisal is a type of home appraisal that is required for all VA loans. VA loans are mortgages that are guaranteed by the Department of Veterans Affairs. These loans are available to eligible veterans, active-duty service members, and certain surviving spouses.
VA appraisals are used to determine the value of a home. The appraisal will also assess the home’s condition and make sure that it meets the VA’s minimum property requirements. If the home does not meet the VA’s requirements, the loan may not be approved.
How Long Does It Take to Get a VA Appraisal?
The time it takes to get a VA appraisal can vary depending on several factors, including:
- The availability of appraisers
- The complexity of the appraisal
- The time of year
In general, you can expect to wait anywhere from 10 to 30 days to get a VA appraisal. However, it is possible to get an appraisal more quickly if you are willing to pay a rush fee.
Tips for Getting a VA Appraisal Quickly
If you need to get a VA appraisal quickly, there are a few things you can do to speed up the process:
- Contact several different appraisers and ask about their availability.
- Be flexible with your scheduling.
- Consider paying a rush fee.
By following these tips, you can increase your chances of getting a VA appraisal quickly.
Frequently Asked Questions About VA Appraisals
- Q: What is the purpose of a VA appraisal?
- A: A VA appraisal is used to determine the value of a home and to make sure that it meets the VA’s minimum property requirements.
- Q: How long does it take to get a VA appraisal?
- A: The time it takes to get a VA appraisal can vary, but you can expect to wait anywhere from 10 to 30 days.
- Q: What can I do to get a VA appraisal quickly?
- A: You can contact several different appraisers, be flexible with your scheduling, and consider paying a rush fee.
Conclusion
Getting a VA appraisal can be a time-consuming process, but it is an important step in getting a VA loan. By following the tips in this article, you can increase your chances of getting a VA appraisal quickly.
Are you interested in learning more about VA appraisals? Let me know in the comments below!
