Overview

Due to damage from severe storms, flooding and tornadoes in Michigan, FEMA has declared the following counties a disaster. Incident Period: June 25, 2021 – June 26, 2021
State FEMA Disaster Declaration Counties
Michigan July 15, 2021 Washtenaw and Wayne

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 6/26/21.
FHA Streamline No Not applicable
VA Full Doc and IRRRL Yes If the loan was not closed (signed) prior to the Declaration Date of 7/15/21.
USDA Full Doc and Streamline Assist Yes If the original appraisal inspection date was prior to the Incident Period End Date 6/26/21.
Conventional* and Non-Agency Yes If the original appraisal inspection date was prior to the Incident Period End Date of 6/26/21.
*If an appraisal was not required due to a property inspection waiver (PIW), an inspection report will still be required. For further guidance and loan property requirements refer to the Declared Disaster Policy published on carringtoncorrespondent.com.

Contacts

Please contact CorrespondentRM@carringtonms.com with any questions. Carrington thanks you for your business.