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Home : Blogs : Sean Wheelan : The Friendly Neighborhood Mortgage Guy's Blog : Archives May, 2009

HVCC: What a scam!!! - 05/14/09 02:29 PM

All in the name of protecting the borrower...

Apparently HVCC is a means for Appraisal Management Companies (A.M.C.'s) to gouge my valued clients.
We are doing mostly FHA purchase and streamline refis at this time, so I hadn't yet had the occasion to experience the HVCC appraisal ordering process. Boy was I in for a shock! Taylorbean has contracted with an AMC called Security One. I submitted my loan, locked the rate and went to order the appraisal via there on line system. When it came to the cost, my jaw hit the ground. My mortgage practice is located in … (10 comments)

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Sean Wheelan

Warwick, RI

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Address: 1287 Post Rd, Warwick, RI, 02888

Cell Phone: (401) 965-9384

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Thoughts and ideas surrounding real estate financing, FSBO Advertising and Networking to increase referral business.

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