Business Contracts Loan Officers Mortgage Appraisal 
Annarbor Appraisal
SEPTEMBER 6, 2020
Even though the lender is the client, the borrower is by regulation, required to be given a copy of the appraisal report. When a sale is involved, the valuation may be lower than contracted price. If there is adequate information to move forward with the dispute, do not contact the appraiser. Do not be confrontational.
Housing Wire
AUGUST 22, 2022
With average home sale prices in Baltimore having increased by about 25% since then, a loan officer at loanDepot told the couple that “we should be good” because the estimated value was “pretty conservative.”. loanDepot contracted 20/20 Valuations and after the appraisal, the lender said it would not extend the loan.
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