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Appraisal Policy and AMC

Appraisal Policy and AMC Panel

 LendSure Mortgage Corp’s appraisal process complies with Uniform Stands of Professional Appraisal Practive, Truth-in-Lending regulations, ECOA’s valuations rules and Appraiser Independence Requirements. LendSure has a list of approved Appraisal Management Companies (AMC’s) for use in connection with all loan transactions, unless the broker already has an appraisal which LendSure has accepted, the broker must select an AMC from the list below and order the appraisal. It is the responsibility of the broker to order the appraisal, collect payment for the appraisal, and deliver to LendSure the appraisal (PDF format only, no scans) and the invoice for the appraisal. Most appraisals are completed within 5-7 business days.

 LendSure may order an external appraisal review from a third-party appraisal review firm. The appraisal reviews is ordered immediately upon the receipt of the appraisal and takes 24-48 hours to complete.

 Transferred Appraisals

 In the event the broker already has or has ordered an appraisal with an AMC, not on the list below, LendSure may accept the appraisal if it meets Underwriting Management’s approval. LendSure will not accept any appraisal that has not been ordered through an AMC. An appraisal received from an unapproved AMC will require the same external third-party appraisal review described above.

 Age of Appraisal

 The appraisal report must be completed within 120 days prior to closing. A new appraisal is required if the original appraisal is aged beyond this timeframe. A recertification of value is not acceptable.

 Appraisal Management Company Panel

  1. Landmark
  2. Axis
  3. Class Appraisal
  4. Streetlinks
  5. Pro-Teck
  6. Accusured
  7. Appraisal MC
  8. Apex Appraisal Service
  9. Solidifi
  10. Pacific Appraisers
  11. Equity Solutions


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