USDA Property Eligibility / USDA Zero Down Loans
can we pick the appraiser on a USDA home loan?
January 4, 2011 at 5:18 am By admin
at the time of writing this, yes, despite Fannie Mae/Freddie Mac rulings on using “HVCC” code on Conventional loans where an appraiser is to be picked through a rota system, the USDA has not imposed any such rule. Therefore, Loan Officers get to choose the appraiser in reference to a USDA (Rural housing) zero down loan
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