It is important to understand when termite reports are required on loans and also what a lender considers to be a "clean" termite report.
A lender considers a clean termite report to have no evidence of termites on page 1, but also requires that all the boxes on page 2 of the report be checked "No" (wood to earth contact, faulty grades, excessive moisture, etc.).
Before sending a termite report to a lender or title company it is important to look at page 2 first. If the report makes its way into an underwriters hands they will force any issues noted on page 2 of the report to be fixed even if the buyer and seller do not want it to be fixed.
VA loans always require a termite report. FHA and Conventional only require a termite report if the appraiser calls for it or if the lender has a special internal rule that requires it for their loans
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