Lender Appraisal Processing Program - Indecomm …

MORTGAGE U PRACTICAL GUIDE TO VA LENDING CHAPTER 1 Lender Appraisal Processing Program 2011 MORTGAGE U, INC PAGE 1-1 OCTOBER 2011 Table of Contents OVERVIEW .. 3 STAFF Appraisal REVIEWER (SAR) .. 3 EXPERIENCE REQUIREMENTS .. 3 SUBMITTING THE APPLICATION TO VA FOR APPROVAL .. 4 COMPLETING THE VA TRAINING REQUIREMENTS .. 4 VA Training for SAR .. 4 Experienced SAR Training Future SAR .. 5 COMPLETING THE INITIAL CASE REVIEW 6 VA Trained SAR .. 6 SAR to SAR Training .. 6 SAR AUTHORITY .. 6 LAPP Property Eligibility .. 7 MAINTAINING LAPP APPROVAL .. 8 Changes in SARs .. 8 MORTGAGE U PRACTICAL GUIDE TO VA LENDING CHAPTER 1 Lender Appraisal Processing Program 2011 MORTGAGE U, INC PAGE 1-2 OCTOBER 2011 MORTGAGE U PRACTICAL GUIDE TO VA LENDING CHAPTER 1 Lender Appraisal Processing Program 2011 MORTGAGE U, INC PAGE 1-3 OCTOBER 2011 Overview The Lender Appraisal Processing Program is a 3 step process a VA approved Lender follows to have an individual at the company approved to underwrite VA appraisals.

MORTGAGE U PRACTICAL GUIDE TO VA LENDING CHAPTER 1 Lender Appraisal Processing Program © 2011 MORTGAGE U, INC PAGE 1-3 OCTOBER 2011 Overview

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