Overview
Due to Hurricane Ian in South Carolina, FEMA has declared the following counties a disaster.
Incident Period: September 25, 2022 - October 4, 2022
State | FEMA Disaster Declaration | Counties |
South Carolina | November 21, 2022 | Charleston, Georgetown and Horry |
Re-Inspection by Product Type
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 – 10/4/22. |
FHA Streamline | No | Not applicable |
VA Full Doc and IRRRL | Yes | If the loan was not closed (signed) prior to the Declaration Date of 11/21/22. |
USDA Full Doc and Streamline Assist | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – 10/4/22. |
Conventional* and Non-Agency | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – 10/4/22. |
*If an appraisal was not required due to a property inspection waiver (PIW), an inspection report will still be required.
Contacts
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