http://www.arizonamortgageteam.com/va-streamline-appraisal-may-now-be-needed/ Arizona Mortgage Rates. Refinance FHA, VA and Jumbo Mortgage Loans. Thu, 29 Jul 2010 17:05:53 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.arizonamortgageteam.com/va-streamline-appraisal-may-now-be-needed/comment-page-1/#comment-3075 Bill Thu, 29 Jul 2010 17:05:53 +0000 http://www.arizonamortgageteam.com/?p=765#comment-3075 The reason the lenders are requiring an appraisal is because the VA decided that instead of insuring the full loan on foreclosures, they are giving the lenders a small percentage and letting them deal with the house. In other words, they passed the buck and left the lenders hanging. the lenders just wanted to mitigate the risk and I don't blame them. The reason the lenders are requiring an appraisal is because the VA decided that instead of insuring the full loan on foreclosures, they are giving the lenders a small percentage and letting them deal with the house. In other words, they passed the buck and left the lenders hanging. the lenders just wanted to mitigate the risk and I don’t blame them.

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