Announcement 21-0033: Updated FEMA Disaster Declaration for Tennessee Severe Storms and Flooding

Overview

Due to damage from severe storms and flooding in Tennessee, FEMA has declared the following counties a disaster. Updated counties are listed in bold.

Incident Period: August 21, 2021

StateFEMA Disaster DeclarationCounties
TennesseeAugust 23, 2021Dickson, Hickman, Houston
and Humphreys

Re-Inspection by Product Type

If your loan is …A re-inspection is required …Under these circumstances …
FHA Full DocYesIf the original appraisal inspection date was prior to the Incident Period End Date of 8/21/21.
FHA StreamlineNoNot applicable
VA Full Doc and IRRRLYesIf the loan was not closed (signed) prior to the Declaration Date of 8/23/21.
USDA Full Doc and Streamline AssistYesIf the original appraisal inspection date was prior to the Incident Period End Date 8/21/21.
Conventional* and Non-AgencyYesIf the original appraisal inspection date was prior to the Incident Period End Date of 8/21/21.

*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.