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Updated 4 months ago on . Most recent reply

Mike Kirby's profile image
Mike Kirby's profile image
Mike Kirby
  • Rental Property Investor
  • from New Braunfels, Texas
  • Member since Dec 14, 2021

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253
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Mike Kirby's profile image
Mike Kirby's profile image
Mike Kirby
  • Rental Property Investor
  • from New Braunfels, Texas
  • Member since Dec 14, 2021
Mike Kirby
  • Rental Property Investor
  • New Braunfels, TX
218
Votes |
253
Posts
Mortgage Brokers & Lenders

E&O Insurance Requested

Mike Kirby
  • Rental Property Investor
  • New Braunfels, TX
Posted

Can you help me understand why an appraiser would have to give proof of their E&O insurance to a mortgage company for a DSCR loan? It's the first I've heard of it and I've got a few mortgages/appraisal's under my belt.

San Antonio, Texas
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Michael Wyatt's profile image
Michael Wyatt's profile image
Michael Wyatt
  • Lender
  • from Boston, MA
  • Member since Jul 17, 2021

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125
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61
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Michael Wyatt's profile image
Michael Wyatt's profile image
Michael Wyatt
  • Lender
  • from Boston, MA
  • Member since Jul 17, 2021
Michael Wyatt
  • Lender
  • Boston, MA
61
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125
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Michael Wyatt
  • Lender
  • Boston, MA
Replied
Interesting, doesn’t the AMC do the vetting?
1 Vote
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