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Updated over 6 years ago on . Most recent reply

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22
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8
Votes
Debbie Farrell
  • Lender
  • Buford, GA
8
Votes |
22
Posts

Need a lender that will take apprasial already completed

Debbie Farrell
  • Lender
  • Buford, GA
Posted

I am a broker and I have a client that wants to change lenders due to terms of loan not being what they originally said, what other lender will take his existing appraisal?

Most Popular Reply

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44,481
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
65,647
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44,481
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Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

in my experience  the appraiser would have to change the name of who the client is to the new lender .

just taking an appraisal that was done for someone else you lose the E and O insurance  

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JLH Capital Partners

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