At Acra Lending we make the appraisal process easy. We provide many options including using your current appraisal for your Acra Lending loan

Non-Prime Appraisal Options

• You can order your appraisal through ANY AMC you prefer
• You can use a previously acquired appraisal that was completed in the last 120 days
• The appraisal does not have to be in Acra Lending’s name

TRID — Please ensure you are NOT collecting any fees for an appraisal or BPO until the “Intent to Proceed” has been acknowledged by the Borrower(s) after receipt of the Loan Estimate. If you have an appraisal from a previous Loan Application and Loan Estimate, please contact your Acra Lending AE

Things To Watch Out For

• Appraisals older than 120 days will need a recertification of value (recert of value is not acceptable on Jumbo Prime loans; a new appraisal will be required at no expense to Acra Lending)
• Acra Lending will not accept appraisals older than 180 days from the original completion date
• Acra Lending adheres to all regulatory appraisal compliance statutes
• Acra Lending does not consider broker owned or operated AMCs to be independent