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#2252789 - 04/22/21 02:07 PM AVM--Disclose on CD
ahkcompliance Offline
Diamond Poster
Joined: Sep 2008
Posts: 2,470
We have started using some AVMs on some refinances, etc. My question is on pg 1 of the CD, we do list the value as still Est Prop Value or Appraised Prop Value? I'm thinking since it not a true appraisal we would still list as Est Prop Value.

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Lending Compliance
#2252842 - 04/23/21 11:46 AM Re: AVM--Disclose on CD ahkcompliance
rlcarey Online
10K Club
Joined: Jul 2001
Posts: 79,637
Galveston, TX
An AVM is not an appraisal.
The opinions expressed here should not be construed to be those of my employer:

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