So basically we have been in escrow for 5 weeks I just heard from my loan officer, the bank declined to fund the loan due to legal issues. We were supposed to close in two weeks but now have to submit to a different lenderAre they going to order another appraisal? by MadisonMcdonad from Flagstaff, Arizona. Mar 26th 2010
If you were obtaining an FHA loan, you will not have to order another appraisal. If you have any other questions, please call Adrian Brown at 757-672-6550
Transferring an appraisal whether FHA or Conventional is possible if the originating lender allows it.
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