Carrington Wholesale

brokerIQ

FEMA Disaster Declaration for Pennsylvania – Hurricane Ida

September 13, 2021rashtonBulletin

Overview

Due to damage from remnants of Hurricane Ida in Pennsylvania, FEMA has declared the following counties a disaster.

Incident Period: August 31, 2021 – September 5, 2021

State FEMA Disaster Declaration Counties
Pennsylvania September 10, 2021 Bucks, Chester, Delaware, Montgomery, Philadelphia and York

Please note:

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 – 9/5/2021.
FHA Streamline No Not applicable
VA Full Doc and IRRRL Yes If the loan was not closed (signed) prior to the Declaration Date of 9/10/2021.
USDA Full Doc and Streamline Assist Yes If the original appraisal inspection date was prior to the Incident Period End Date – 9/5/2021.
Conventional* and Non-Agency Yes If the original appraisal inspection date was prior to the Incident Period End Date – 9/5/2021.

*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.

Carrington thanks you for your business.