Posted by Ali/IL on 8/11/10 5:48pm
Msg #348528

PNC Mortgage

I know that sometimes borrower will ask about a couple of appraisal. But, lately it seems that there have been too many appraisals in their packages. Is this becoming the norm for them? I don't get warned about package being bigger of course.

Reply by Cari on 8/11/10 6:43pm
Msg #348532

appraisals in the package? are you talking about purchases? n/m

Reply by Linda Juenger on 8/11/10 7:23pm
Msg #348543

Re: appraisals in the package? are you talking about purchases?

I have a couple of appraisals in pkg. Kind of irks me that I have to print it. I only print 1 though and that is for the borrower. I never print it and send it back with pkg.

Reply by Ali/IL on 8/11/10 8:30pm
Msg #348549

Re: appraisals in the package? are you talking about purchases?

No, these are not purchases they are refis. I only print one copy and leave with borrower I figure they already have one on file.
It just bothers me that they include it without telling me.

Reply by CopperheadVA on 8/11/10 8:34pm
Msg #348550

Re: appraisals in the package? are you talking about purchases?

I agree, it's cheap that they put it in the package for US to print. Very toner-intensive, too. I always print appraisals in economode, and only one copy. If you are finding it to be a consistent thing from a particular lender, make a fee adjustment the next time you are hired for one of their jobs.

Reply by Cari on 8/11/10 10:18pm
Msg #348564

miracle that they're getting one in the first place, but I

agree, print 1 and give to them should be good. How many did they send you?

Reply by SheilaSJCA on 8/11/10 9:56pm
Msg #348561

If you are referring to Pinnacle Capital Mortgage, I do a lot of refis closings for them, and I never have to print an appraisal. It is someone adding to your work load/expense and it is NOT the lender.

Reply by Doris_CO on 8/11/10 11:32pm
Msg #348567

I had a closing were the TC requested I print a copy of the appraisal for the borrower. I did and when I handed it to the borrower they said they already had a copy and theirs was in color. Now, if there's an appraisal in the package I check with the borrowers first before printing. So far, every borrower has had a copy so I didn't print one.

Reply by Ali/IL on 8/12/10 2:52pm
Msg #348676

This is for Pnc mortgage formerly National City. I am doing one today that has come with the appraisal third time this week.
It's about 39 pages .I am going to call borrower and ask if they want the copy.

Reply by Ali/IL on 8/12/10 2:54pm
Msg #348677

Another thing...

Yesterday I asked a borrower if they had requested a copy of the appraisal they said no and that they already had received one.
What may be happening is that a loan officer that I know off had started using a different title company for closings in Illinois since they charge more versus Wisconsin. Maybe they are now throwing in the appraisal ?
Either way I know that they won't budge on extra fee .