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TPO/DELEGATED LENDING APPRAISAL WAIVER DISCLOSURELoan No. Date Borrower Name If your mortgage loan meets certain requirements, Platinum Home Mortgage Corporation (Platinum), may decide not to obtain
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01
To fill out a tponon-delegated lending appraisal waiver, follow these steps:
02
Start by typing in your personal information, including your name, address, and contact details.
03
Provide details about the property in question, such as its address, type, and current market value.
04
Indicate the loan details, including the loan amount, interest rate, and term.
05
Include any additional information or remarks that may be relevant to the waiver.
06
Review the filled-out form for accuracy and completeness.
07
Sign and date the appraisal waiver form.
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Submit the completed form to the designated authority for further processing.

Who needs tponon-delegated lending appraisal waiver?

01
Tponon-delegated lending appraisal waiver is needed by individuals or entities who meet specific criteria set by the lending institution.
02
Typically, borrowers with strong credit profiles, substantial down payments, or prior mortgage history may qualify for an appraisal waiver.
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However, the final decision to grant an appraisal waiver rests with the lending institution, so it is essential to consult with them directly to determine eligibility.
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It is a waiver that allows lenders to waive the appraisal requirement for certain loans.
Lenders who meet specific criteria set by regulatory authorities.
Lenders must complete the required form, providing detailed information about the loan and borrower.
To streamline the loan origination process and reduce costs for both lenders and borrowers.
Information such as loan amount, borrower's credit history, property information, and justification for waiving the appraisal.
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