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Pacific Appraisers offers an appraisal platform to help keep our clients FHA and HVCC (Home Valuation Code of Conduct) Compliant. Our appraisal management service is the cornerstone of our business model and helps keep our clients in compliance with the ever changing laws and regulations. This is a fully customizable solution that will help you meet your valuation needs.
HVCC Compliance is a must for all lenders selling to Fannie Mae and Freddie Mac or doing FHA Loans and having the latest news and updates on the code is important to your business.
Understanding HVCC and FHA Compliance is extremely important and is a focus of confusion for a lot of companies. When you work with Pacific Appraisers you will know that your appraisals are being done in compliance with the Home Valuation Code of Conduct and FHA guidelines.
Pacific Appraisers HVCC Compliance assurances:
- Appraiser selection, both automated and manual, was performed in compliance with the HVCC and FHA regulations.
- No estimated value indicated on the request to the appraiser and no attempt to influence value was made to the appraiser.
- Internal review and quality control procedures that ensure the appraisal is accurate and reflective of the subject's marketability and market value.
- Prompt payment to the appraiser.
- Appraisal Independence Hotline.
- Upon request a custom HVCC Compliant certificate can be included in the reps and warrants and is used as assurance for authenticity the appraisal was done in compliance.
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