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  1. #1
    Join Date
    Mar 2007
    Location
    Mesa AZ
    Posts
    1,181

    Default Mtg companys requiring HI

    I recieved a call today from a mtg. co. wanting an inspection on a property they were refinancing.
    Turned out I did an inspection in 2005 on the property, and the mtg company now needed a new, current inspection.
    Is this something new, a start of new mtg requirements?

    Similar Threads:
    Elite MGA Home Inspector E&O Insurance

  2. #2
    Joseph P. Hagarty's Avatar
    Joseph P. Hagarty Guest

    Default Re: Mtg companys requiring HI

    It seems like a lot of things are tightening up.

    We are getting calls for WDI Inspections (NPMA-33) on homes less than 1 year old by lenders for new loans as well as Re-Fi.


  3. #3
    Join Date
    Oct 2003
    Location
    Rockwall Texas
    Posts
    4,517

    Default Re: Mtg companys requiring HI

    Never had a mortgage co. call for an HI on a refi, but they have called numerous times to request a WDI report for the underwriters.


  4. #4
    Join Date
    Mar 2007
    Location
    Mesa AZ
    Posts
    1,181

    Default Re: Mtg companys requiring HI

    Quote Originally Posted by Rick Hurst View Post
    Never had a mortgage co. call for an HI on a refi, but they have called numerous times to request a WDI report for the underwriters.
    I did the inspection yesterday, Turns out it was for a reverse mtg.
    Maybe it makes a differnce, between that and a regular mtg.


  5. #5
    Join Date
    Mar 2007
    Location
    Santa Rosa, CA
    Posts
    2,286

    Default Re: Mtg companys requiring HI

    I have done a few reverse mortgage inspections. I don't mean that they are any different than a regular inspection... you get my drift.

    Department of Redundancy Department
    http://www.FullCircleInspect.com/

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