Thread Options
#2249358 - 02/18/21 06:52 PM DU Appraisal not required
ADN Offline
100 Club
Joined: Mar 2007
Posts: 202
If an appraisal is not required per DU findings, what would we deliver to the applicant prior to closing to satisfy the Reg B appraisal delivery rules?

Return to Top
Lending Compliance
#2249359 - 02/18/21 07:18 PM Re: DU Appraisal not required ADN
Skittles Offline
10K Club
Skittles
Joined: Sep 2002
Posts: 13,963
TN
You are only required to provide copies of an appraisal or other written valuation developed in connection with the application. If your bank did not obtain one there is nothing to provide.
_________________________
My Opinions Only

Return to Top

Moderator:  Andy_Z