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Appraisal and loan locking

Posted on: 29th Oct, 2013 01:47 am
Hi... I need to know if the lender should have the appraisal done before locking the loan?
Hi Guest,

There is no specific rule in this regard. It will depend upon the lender. There are some lenders who might have the policy to only lock after an appraisal is completed.

Take care
Posted on: 29th Oct, 2013 02:10 am
Welcome Guest,

Sara is right in saying so. I too have not heard of any specific rule in this regard. You will have to speak to the lender in order to know if they will have the appraisal done before locking the loan.
Posted on: 29th Oct, 2013 08:49 pm
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