About the Va Appraisal Techniques and requires A beneficial Virtual assistant assessment is necessary from the Agencies from Experts Affairs for both purchase and cash-away refinance finance. Just before an effective Va mortgage is approved, the newest Va assessment need certainly to: Present brand new fair market price of the house Guarantee the residence is secure To not ever care, the new Virtual assistant appraisal procedure has no need for an unreasonable level of quality otherwise artistry as most belongings meet minimal assets criteria set because of the brand new Va.