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FDIC Raises Real Estate Appraisal Threshold
September 30th, 2019 6:32 PM
The FDIC recently raised the threshold for appraisal for residential loans from $250,000 to $400,000. Although this may not impact a lot of loans here in San Diego, this could have significant impacts across the nation where property values are not as high.
http://www.appraisalfoundation.org/iMIS/TAF/TAF_Condemns_Deminimis.aspx
Posted in:
Appraisal, Lending
and tagged:
#Appraisal
#AppraisalThreshold
#FDIC
Posted by Robert Abbott on September 30th, 2019 6:32 PM
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