What Are Minimum Property Requirements (MPRs)?
Minimum Property Requirements (MPRs): FHA, VA and USDA standards a home must meet to be safe, sound and secure.
Also called: MPRs, minimum property standards
Minimum property requirements (MPRs), or minimum property standards, are rules FHA, VA and USDA use to make sure a home is safe, structurally sound and secure. The appraiser checks them during the appraisal.
Common issues
- Peeling paint on homes built before 1978 (possible lead paint)
- Roof with less than a couple of years of life left, or active leaks
- Missing handrails, broken steps or exposed wiring
- No working heat source
- Water in the basement or crawlspace
- Broken windows or doors
What happens
The appraiser lists required repairs. They usually must be completed and re-inspected before closing. The seller often makes them, though some can be handled with escrow holdbacks.
Good to know
Conventional appraisals focus more on value and only flag serious safety or structural issues.