Can I Choose My Arizona Appraiser?

I get this question constantly.   Can I pick my appraiser for my Arizona mortgage?  In this day and age of regulated and over regulated mortgages this question has the same chance of being answered with a "yes" as "can I pick what auditor at the IRS looks at my tax returns."  The answer to both questions is an emphatic, stubborn and immovable "NO WAY JOSE." Regulators stripped Phoenix area mortgage lenders from being able to select their own appraiser long long ago.  This is true for FHA, VA, … [Read more...]