DYK...that
USDA does not have a flipping rule that pertains to seasoning of ownership?
However,
if a substantial increase is realized between transfers the appraiser needs to
state why and document, and it is still the UW discretion if a 2nd appraisal is
req
Happy Selling!
Justin Perry
Sr. Underwriter
Gateway Mortgage Group
1255 W. 15th Street| Ste. 540|
972-908-3390 ext. 125| 918-392-8349 eFax
2/23/2010
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