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Can lenders accept an appraisal from an AMC specifically authorized by a different lender to act on its behalf?

April 26, 2017ACT AMC appraisal authorized behalf different Lender lenders

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Can lenders accept an appraisal from an AMC specifically authorized by a different lender to act on its behalf?

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Yes. If the lender receiving the transferred appraisal determines the appraisal was obtained in a manner consistent with AIR that the appraisal conforms to the lender’s requirements and is otherwise acceptable.