Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If the HVE point value estimate does not support the value needed for the Relief Refinance Mortgage – Same Servicer, may I obtain a new appraisal or use the appraisal from the existing mortgage?

April 26, 2017estimate hve mortgage needed point Refinance relief Servicer support value

0

Posted

If the HVE point value estimate does not support the value needed for the Relief Refinance Mortgage – Same Servicer, may I obtain a new appraisal or use the appraisal from the existing mortgage?

1 Answer

0

Posted

If the HVE point value estimate receives a medium or high Confidence Score, you should use that value unless you have a reasonable basis to believe that the property was not correctly evaluated by HVE. In this case, a new appraisal is recommended to confirm the value.