FHA does not allow a lender to charge the borrower for a second appraisal. If a second appraisal is needed, then the lender must pay for that appraisal.

Related Question: FHA – Second Appraisal: Is the lender allowed to charge the borrower for a second appraisal if the underwriter finds the first one deficient? Answer: Your underwriter has made their determination regarding the deficiency of the appraisal so a new appraisal must be ordered. This is not going to be an expense for your […]

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