Answer:
I am not aware of any specific direct guidance to date that has been put forth by the USDA regarding the reconsideration of value.
USDA Loan Reconsideration
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Question:
When there is a reconsideration of value request for a USDA loan, does the USDA have its own policies/procedures in place?When reviewing other investors' procedures, I have felt that they have been clear. USDA has been one that has been a little less clear.
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