Due to damage from remnants of Tropical Storm Fred in North Carolina, FEMA has declared the following counties a disaster.
Incident Period: August 16, 2021 – August 18, 2021
State | FEMA Disaster Declaration | Counties |
North Carolina | September 8, 2021 | Avery, Buncombe, Haywood, Madison, Transylvania, Watauga, and Yancey |
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 – 8/18/2021. |
FHA Streamline | No | Not applicable |
VA Full Doc and IRRRL | Yes | If the loan was not closed (signed) prior to the Declaration Date of 9/8/2021 and submitted prior to the Incident Period End Date – 8/18/2021. |
USDA Full Doc and Streamline Assist | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – 8/18/2021. |
Conventional* and Non Agency | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – 8/18/2021. |
*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