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What if I have an appraisal already completed for my home? Can KeyBank use it if they say one is necessary to participate in the loan program?

April 26, 2017appraisal Home keybank loan necessary participate program

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What if I have an appraisal already completed for my home? Can KeyBank use it if they say one is necessary to participate in the loan program?

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KeyBank will allow an existing appraisal to be used if it was completed by a bank less than one year from the time of application for the NHP. KeyBank will also want to ensure that it was completed by a qualified appraiser.