Mortgage Blog

Portability of Appraisals

August 23rd, 2009 10:59 PM by Eric Fang

After the implementation of HVCC, the lenders are now accepting the appraisals ordered by other lenders which complies the HVCC. Though the new lenders will accept the appraisal report, the old lender will ask the appraiser why the borrowers want to switch the lenders. So it's still kinda hard to switch the lenders at this moment.
Posted in:General
Posted by Eric Fang on August 23rd, 2009 10:59 PM

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