We have several lending sources that accept transferred appraisals (appraisals ordered by or prepared for other lenders). This is significant b/c for years no lender would accept another lender’s appraisal, especially since HVCC guidelines went into place.
Not having to order a new appraisal for a borrower seeking JVM’s superior rates, service or loan programs is a huge advantage; it saves the borrower money, and it avoids the hassle and concerns that surface when an entirely new appraisal is required.
Jay Voorhees
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646