FAQs

Why am I required to have a termite Inspection?

The VA requires that you get a termite inspection on the house and any other structures on the property. These are both paid at the borrower’s expense. You will need to schedule those inspections with a local pest-control expert as early as possible. The inspection is required to be completed on a specific form called NPMA-33, or on your state's official Termite Inspection form. You can let the pest control company know you're doing a VA refinance, and they should know the correct form to use. You will need to complete this inspection within the first 14 days of your loan application to ensure there are no delays. Please return the termite form to Pennymac with your signature and a date on the first page.

NOTE: There are certain states where a termite inspection is not required up front. These states are: AK, CO, ID, ME, MN, MT, ND, OR, SD, WA, WI, WY. If you live in one of these states, we will need to wait for the Appraisal to be completed before we know if it’s a requirement or not.