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Changes in the Appraisal Process Due to COVID19

Writer: Jeff JorgensenJeff Jorgensen
Mar 23, 20201 min read


Today, the Federal Housing Finance Agency (FHFA) told the Enterprises Fannie Mae and Freddie Mac to provide alternate options for appraisal requirements and employment verification requirements through May 17, 2020.


Appraisers can now complete drive-by or exterior appraisals, as directed by lenders.


For more information, visit the official statement below here.




- Ashley Jorgensen


Sources: Photo byBrian McGowanonUnsplash

Comments

I worked with them as the appraisal coordinator for my lending institution for three years and they are great to work with. Not a corporation but a family owned business which is nice and always willing to explain anything I had questions about.

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Camille Butcher

Our law firm, Heideman & Associates, hired Jeff Jorgensen to work as an expert witness on a construction defect matter. Jeff was very professional, quick to respond to our inquiry and communications, and did an excellent job for our case. We wouldn't hesitate to use Jeff for future expert needs and we highly recommend him to anyone looking for a reliable, professional appraiser!

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Sam Fowlks

Thank You​

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