Providing appraisals

If we do a modification to a loan we currently hold, meaning we do modification docs to the original note, not a new note. And we complete either a drive-by review or new appraisal. Do we have to provide the customer with a copy of the appraisal? The customer is not paying for this new appraisal.

Section 1002.14—Rules on Providing Appraisal Reports
14(a) Providing appraisals.

1. Coverage. This section covers applications for credit to be secured by a lien on a dwelling, as that term is defined in §1002.14(c), whether the credit is for a business purpose (for example, a loan to start a business) or a consumer purpose (for example, a loan to finance a child's education).

2. Renewals. This section applies when an applicant requests the renewal of an existing extension of credit and the creditor obtains a new appraisal report. This section does not apply when a creditor uses the appraisal report previously obtained to evaluate the renewal request.