Appraisal Relief
Appraisal Relief from LendingPros- Up to $450 Appraisal Fee Credit! Close more loans this summer and win more clients with up to $450 Appraisal Fee Credit on all new Non-QM submissions through July 31st, 2022. Beat the competition with providing an Appraisal Credit. · Available on Non-QM Loans · Available for Purchase, Refinance and […]
Memorial Day Lock Desk Hours
Lock Desk will close at 11AM PST Friday, May 27, 2022. LendingPros and the Lock Desk will be closed on Monday, May 30, 2022 in observance of Memorial Day. No rate sheet published on Monday, May 30th, 2022. Normal business hours will resume on Tuesday, May 31, 2022.
Lock Desk Schedule, April 15th
Lock Desk will be open for normal business hours on Friday, April 15th. No rate sheet issued, and no new locks. Extensions/updates may be processed.
American National Standards Institute Appraisal Standard
LP will require all AMC’s completing FNMA appraisals use Square Footage-Method for Calculating: ANSI® Z765-2021 (American National Standards Institute®) Measuring Standard for measuring, calculating, and reporting gross living area (GLA) and non-GLA areas of subject properties for appraisals requiring interior and exterior inspections with effective dates of April 1, 2022, or later. Loans that do not […]