Archive for the 'appraisal' Category
HVCC Rules: build certain You Know Your LTV
If you are in the process of working with a loan officer to get a mortgage, chances are that you have heard about the HVCC rules for appraisals and how your loan officer “can’t talk with the appraiser”.
True, the HVCC rules are designed to stop the loan officers from speaking with …
Buying A House: Appraisal Came In Low. Now What?
In different parts of the country, many folks are starting to experience something that wasn’t all that common before just recently — the appraisal is coming in below the contracted purchase price that was agreed on by buyer and seller.
The reasons for that happening could include any nu…
