Overview
Due to severe winter storms, flooding, landslide and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold font.
Incident Period: December 27, 2022 and Continuing
State | FEMA Disaster Declaration | Counties |
California | 1/14/2023 | Calaveras, Merced, Monterey, Sacramento, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara and Santa Cruz |
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 – Continuing*. |
FHA Streamline | No | Not applicable |
VA Full Doc | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – Continuing*. |
VA IRRRL | Yes | If the loan was not closed (signed) prior to the Incident Period Begin Date – 12/27/23. |
USDA Full Doc and Streamline Assist | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – Continuing*. |
Conventional | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – Continuing*. |
Non Agency | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – Continuing*. |
*In cases where FEMA has not yet issued an Incident End Date and the disaster is “Continuing”, the earliest CMS will permit a re-inspection is a minimum of 14 calendar days from the Incident Period Start Date.
Contacts
Please contact CorrespondentRM@carringtonms.com with any questions.
Carrington thanks you for your business.