Due to damage from Severe Storms, Flooding, Landslides and Mudslides in Kentucky, FEMA has declared the following counties a disaster.
Incident Period: February 27, 2021 - March 14, 2021
|State||FEMA Disaster Declaration||Counties|
|Kentucky||April 23, 2021||Breathitt, Clay, Estill, Floyd, Johnson, Lee, Magoffin, Martin and Powell|
|If your loan is …||A re-inspection is required …||Under these circumstances …|
|FHA Full Doc||Yes||If the original appraisal inspection date was prior to the Incident Period End Date of 3/14/21.|
|FHA Streamline||No||Not applicable|
|VA Full Doc and IRRRL||Yes||If the loan was not closed (signed) prior to the Declaration Date of 4/23/21 and submitted prior to 3/14/21.|
|USDA Full Doc||Yes||If the original appraisal inspection date was prior to the Incident Period End Date of 3/14/21.|
|USDA Streamline Assist||Yes||If the original submission date was prior to the Incident Period End Date of 3/14/21.|
|Conventional* and Non-Agency||Yes||If the original appraisal inspection date was prior to the Incident Period End Date of 3/14/21.|
*If an appraisal was not required due to a property inspection waiver (PIW), an inspection report will still be required.
Please contact your Account Executive or Account Manager with any questions.
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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00