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Updated almost 5 years ago on . Most recent reply

Jon S.'s profile image
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Jon S.
  • Investor
  • from Tampa, Florida
  • Member since Jul 12, 2015
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530
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Jon S.'s profile image
Jon S.'s profile image
Jon S.
  • Investor
  • from Tampa, Florida
  • Member since Jul 12, 2015
Connect
Jon S.
  • Investor
  • Tampa, FL
92
Votes |
530
Posts
Private Lending & Conventional Mortgage Advice

New 120 day delayed Appraisal Rule

Jon S.
  • Investor
  • Tampa, FL
Posted

Have you seen this? Banks that keep their mortgage loans in house can delay appraisal for 120 days after closing. What if appraisal comes in lower than the loan? Just wondering

https://www.housingwire.com/articles/banks-can-now-postpone-some-appraisals-until-120-days-after-a-mortgage-closes/

  • Jon S.
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