Tuesday, March 24, 2020

Appraisal Delays...

Mortgage Broker AdvisorGood Morning!

FYI - If you have a loan in process right now appraisals are taking longer due to delays from the Corona Virus.  Keep this in mind, and discuss timelines with your loan officer.

Fannie Mae is considering the use of Exterior Only Appraisals in situations where going inside the house is impossible for the appraiser - this would be very helpful, and I hope they implement this asap.

That's it for today!

Stay safe and virus free!

Brett

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