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Updated 5 months ago on . Most recent reply

Erik Estrada's profile image
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Erik Estrada

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Erik Estrada
Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
  • Lender
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Mortgage Brokers & Lenders

Appraisal Transfers Becoming More Difficult

Erik Estrada
#3 Mortgage Brokers & Lenders Contributor
  • Lender
Posted

Is anyone else experiencing the same thing? Back a few months ago it was a lot easier to transfer an appraisal from any AMC. Now it seems like many lenders are pulling back and not accepting any transfers from AMCs not on their panelists, or not accepting a transfer if the new appraised value is 20% higher than the initial purchase price.

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