FEMA Disaster Declaration for Louisiana Severe Winter Storm
Due to damage from severe winter storms in Louisiana, FEMA has declared the following parishes (counties) a disaster.
Incident Period: February 11, 2021 – February 19, 2021
|State||FEMA Disaster Declaration||Parishes|
|Louisiana||March 9, 2021||Avoyelles, Bienville, Bossier, Caddo, Calcasieu, Catahoula, Claiborne, Concordia, De Soto, East Baton Rouge, Franklin, Grant, La Salle, Madison, Natchitoches, Ouachita, Rapides, Red River, Richland, Sabine, Webster, West Carroll and Winn.|
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 of 2/19/21.|
|FHA Streamline||No||Not applicable|
|VA Full Doc and IRRRL||Yes||If the loan was not closed (signed) prior to the Declaration Date of 3/9/21 and submitted prior to 2/19/21.|
|USDA Full Doc||Yes||If the original appraisal inspection date was prior to the Incident Period End Date of 2/19/21.|
|USDA Streamline Assist||Yes||If the original submission date was prior to the Incident Period End Date of 2/19/21.|
|Conventional* and Non-Agency||Yes||If the original appraisal inspection date was prior to the Incident Period End Date of 2/19/21.|
*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.
Carrington thanks you for your business.