Which Appraisal Threshold for Two 1-4 Family Properties?

Which Appraisal Threshold for Two 1-4 Family Properties?

In this Compliance Clip (video), Adam answers a question related to which appraisal threshold applies for a consumer-purpose loan secured by two 1-4 family properties (for a bank). As the answer to this might not be what you expect it to be, Adam points out a few of the challenges of the new appraisal thresholds. This video provides a great overview of when the different appraisal thresholds apply to bank loans.

Quarterly Compliance Update to be Available Soon!

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