Tag Archive for: appraisal reviews

Appraisal Reviews = Collateral Reviews = CDAs = DELAYS (Mostly For Jumbo)

The appraisal review requirement is one of the reasons why jumbo loans take at least a week longer to close than conforming (Fannie/Freddie) loans.Read More

Appraisal Issues and Reviews More Prevalent in 2016

We are seeing appraisal issues surface much more frequently lately. These include many more underwriter requests for 2nd appraisals or formal appraisal reviews, as well as low appraisals. A major […]Read More