Get the Loan, Skip the Appraisal!
As Kelsey Ramirez writes over at HousingWire:
“Fannie Mae is now following suit in the appraisal-free arena by allowing property waiver inspections on some purchase loans. Fannie Mae joins Freddie in allowing appraisal-free purchase mortgages…[which] could save borrowers an estimated $500 in fees and could reduce closing times by as many as 10 days.”
Read the rest here, and click on the blue button below to get started!