USDA Appraisal Requirement Change July 1, 2009
June 26, 2009 by Eleanor
Filed under USDA Home Loans
Beginning July 1, 2009 USDA is requiring the updated Freddie Mac/ Fannie Mae appraisal in their packages. As with any change, there are some potential drawbacks.
USDA home loans are made in genearlly rural areas. The new Freddie/Fannie appraisal is designed specifically to identify for the underwriter any recent changes (read DECLINING changes) identified in a particular [...]
