In cases where a full appraisal is necessary, an appraiser is required to complete an interior and exterior inspection of the home. However, many investors now offer flexibility in terms of how the inspection is completed. We’re prepared to follow the guidance from Fannie Mae, Freddie Mac, FHA, VA, and USDA/RD agencies, and offer flexibility if an appraiser, after speaking with the client, determines that an interior appraisal is unattainable. Please speak with your loan officer to discuss any potential alternative appraisal options.
Everyone’s health and safety is our priority. Our appraisers are expected to follow and comply with the guidelines from the CDC, state, and local officials. If you or a member of your household is ill, please reschedule your appointment by calling your appraiser. If you are unable to reach them, contact your mortgage loan officer or loan processor.
Please note: Based on federal and/or state quarantine mandates, service level agreements may take longer than usual and may affect your closing date.
Rest assured that we closely monitor changes to investor and government agency guidelines and adjust requirements accordingly.