Keep Appraisals in Mind

Once your client has been approved for a mortgage, make sure you keep in mind which loan they have been approved for. This will help you when you’re writing up your purchase contract. Appraisal ordering guidelines are different for VA, FHA, and Conventional loans, and they’re constantly changing to protect consumers since the mortgage crisis in 2008. You’ll want to make sure you’re caught up on the latest information. Not only will it save you time – it’ll save you a headache.

Contact Team Dawn with any of your mortgage questions:
Dawn Symington
(586)254-5711
dsymington@mortgageone.com
Company NMLS #129386
NMLS #102706

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Appraisals