I am getting an FHA loan I paid for two appraisals is that legal? one was a recert?
My mortgage company requested an appraisal and had me pay for it before they checked and found out that FHA had an appraisal already that needed to have a recertification. I paid 425 then another 200. is this legal?
Tags: appraisals, Getting, Legal, Loan, paid, recert
2011/08/27 at 21:35:56
Hello
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2011/08/27 at 21:27:38
Well, I think that the mortgage broker screwed up and he should be liable to pay for it, since he told you from the very beginning you qualified for a FHA loan they knew that stringent type of appraisals they require, so if the bank did not disclose they had an appraisal and that it needed recertification it is the mortgage broker boo-boo he did not do his homework. Good luck with that. Try to get him to lower the closing costs.