Overview
Due to a severe storm and flooding in Montana, FEMA has declared the following counties a disaster. FEMA has updated the declaration to add an end date of July 5, 2022 for the Incident Period.
Incident Period: June 10, 2022 and July 5, 2022
| State | FEMA Disaster Declaration | Counties |
| Montana | June 16, 2022 | Carbon, Park and Stillwater |
Re-Inspection by Product Type
| If your loan is … | A re-inspection is required … | Under these circumstances … |
| FHA Full Doc | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – 7/5/22. |
| FHA Streamline | No | Not applicable |
| VA Full Doc and IRRRL | Yes | If the loan was not closed (signed) prior to the Declaration Date of 06/16/22. |
| USDA Full Doc and Streamline Assist | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – 7/5/22. |
| Conventional* and Non-Agency | Yes | If the original appraisal inspection date was prior to the Incident Period End Date – 7/5/22. |
*If an appraisal was not required due to a property inspection waiver (PIW), an inspection report will still be required.
For further guidance and loan property requirements refer to the Declared Disaster Policy published on carringtoncorrespondent.com.
Contacts
Please contact CorrespondentRM@carringtonms.com with any questions. Carrington thanks you for your business.
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