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Are lenders permitted to use in-house appraisers to obtain appraisals?

appraisals appraisers in-house lenders obtain permitted
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Are lenders permitted to use in-house appraisers to obtain appraisals?

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Yes. Lenders are permitted to use in-house appraisers to obtain and prepare appraisal reports if the lender is in compliance with Section IV.B. of the Code.

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