I finally have some good news to report on HVCC appraisal transfer
As a result of the Freddie Mac / Fannie Mae Home Valuation Code of Conduct Policy (HVCC) must ensure certain procedures are followed when transferring appraisals from lender to lender.
Appraisal being transferred from lender to Lender
When transferring an appraisal from another Lender, HVCC will not allow the borrower to transfer directly. it has to be the mortgage professional
A signed letter from the applicant requesting the appraisal to be re-assigned is required.
Appraisal Transfer letter from the lender on their letterhead is also being discussed
HVCC Certification - we will only accept our HVCC Certification which will be posted early next week in
The client advocate for the lender will take the step to upload the file
This will save the borrowers money, time and efforts !!
www.CoreMortgageFinancial.com
Nate was a wonderful person to work with.He done a excellent job with my VA loan,he always told us what he was doing before he done anything.Nate was always one step ahead of everyone,he had paper work done before they even asked for it.I would recommend him to anyone.Nate was very easy to work with and always there for any questions that we had, and always had a answer for us right away.If you need a morgage person for VA call Nate Tasso.
ReplyDeleteGlad he worked out for Clayton, he completely dropped the ball for us. Started out completely helpful and then did not follow through with his promises. He didn't even bother to return our numerous calls when we were ready to make an offer on our house; he may have cost us to lose the house of our dreams! Now we have to find another lender...don't take your chances with this one!
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