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Updated almost 5 years ago,

Jon S.'s profile image
Jon S.'s profile image
Jon S.
Pro Member
  • Investor
  • from Tampa, Florida
  • Member since Jul 12, 2015
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User Stats

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

New 120 day delayed Appraisal Rule

Jon S.
Pro Member
  • 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/

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