Expert Tip: Appraisal Reviews Critical in Loan Underwriting

Expert Tip: Appraisal Reviews Critical in Loan Underwriting

From Nick Reynolds, VP/Credit Services Manager While appraisal reviews are a necessary step to ensure that the appraisal is accurate and compliant, they are also a critical component of the loan underwriting. Many of the findings that result from performing an appraisal review are key to include in the credit write-up and in making a…