FHA And USDA Appraisal Ordering
Effective February 15, 2010 StellarOne will start adhering to the new appraiser independence guidelines for FHA and USDA loans.
Please note that the appraisal ordering and rebuttal process will be the same for FHA and USDA loans, as it is currently for conventional loans with StellarOne.
Effective with case numbers assigned on or after Monday February 15, 2010 brokers will be required to order appraisals through SouthEastern Evaluation (SEE) our preferred Appraisal Management Company (AMC).
SEE will upon receiving acceptance of the assignment from the selected appraiser provide StellarOne with the necessary information needed to order the case number.
StellarOne will then order the case number for you (in your company’s name) and provide you with the case number. This will be done in an effort to insure that case number will be issued prior to the effective date of the appraisal which if not completed correctly would result in delays.
Please contact myself or your Account Executive with any questions.
And as always thank you for your business!
StellarOne Excellence. Partnership. Service.
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