Fannie Mae will no longer allow a Property Inspection Waiver if a recent appraisal is in their underwriting system. So, if one lender ordered an appraisal and no one liked the value, going to another lender and trying to waive the appraisal will not work. Contact me for details!
Fannie Mae – Desktop Underwriter/Desktop Originator Release Notes – DU Version 10.2 – Dated January 30, 2018 – Effective March 17, 2018 [Updated MTP-Fannie Mae HomeStyle® Renovation Mortgage] By: Lloyd Rutherford – Staff Writer There are Very Important Changes in this update and it is a MUST READ! This update requires action on your part […]