Loan impact
Summarized from the announcement · partly verifiedApplies to: Loans secured by real estate situated within declared Texas disaster counties across correspondent and wholesale channels.
- ANDArchome loan
- ANDState is TX
- Addressed to
- Arc Home correspondent sellers and wholesale brokersFrom the publisher, not quoted from the text
- Investor
- ArchomeFrom the publisher, not quoted from the text
- Programs
- Conventional, FHA, Jumbo, Non-QM, USDA, VA
- Affected areas
- Valuation; Eligibility
- Affected documents
- Exterior inspection report; disaster inspection certification
- Applicability confidence
- Partly verified: some rows are not matched to a quote from the source
Summary by AWACS. Arc Home's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)
What changed
Summarized from the announcement| Requirement | Previously | Now |
|---|---|---|
| Exterior reinspection mandateNewRequired | New requirement | Properties evaluated prior to August 5, 2026 require an exterior damage assessment by a licensed inspector with photographic evidence. |
| Interior appraisal requirement upon detected exterior damageNewRequired | New requirement | If an exterior assessment reveals property damage, the original appraiser must perform a comprehensive interior evaluation. |
| Inspection timing for appraisal waiver and streamline refinancesNewRequired | New requirement | Property inspections must take place on or after August 5, 2026 for Conventional loans having a Property Inspection Waiver, as well as VA IRRRL, FHA Streamline, and USDA Streamline refinances. |
What to do
AWACS interpretation · not source languageWhat to review: Review the mandatory disaster inspection requirements for DR-4935 in Texas, focusing on exterior reinspections for appraisals completed prior to August 5, 2026, interior reinspection triggers upon damage detection, and inspection timing rules for appraisal waiver and streamline loans.
Require a licensed inspector exterior damage assessment with photos for properties appraised before August 5, 2026, mandate a full interior evaluation by the original appraiser if damage is found, and verify inspections occur on or after August 5, 2026 for streamline refinances and loans with Property Inspection Waivers.
Confirm that disaster reinspection reports, required interior evaluations for damaged properties, and appropriately dated inspections for streamline and waiver loans are present in the final loan file.
Ensure Texas disaster area loans comply with exterior reinspection and streamline timing criteria prior to sale or delivery.
QC implications
- Test Texas disaster county files with valuations completed prior to August 5, 2026 to ensure a licensed inspector exterior report with photographs is documented.
- Verify that an interior inspection by the original appraiser was completed whenever exterior property damage was noted.
- Sample conventional loans with Property Inspection Waivers and VA, FHA, and USDA streamline refinances to verify inspections occurred on or after August 5, 2026.
Questions about this change
When does Texas FEMA Disaster Reinspection Guidelines for DR-4935 take effect?
- The source does not state an effective date.
Which loans does Texas FEMA Disaster Reinspection Guidelines for DR-4935 affect?
- Loans secured by real estate situated within declared Texas disaster counties across correspondent and wholesale channels.
What changed in Texas FEMA Disaster Reinspection Guidelines for DR-4935?
- Exterior reinspection mandate, interior appraisal requirement upon detected exterior damage, inspection timing for appraisal waiver and streamline refinances.
What should QC review after Texas FEMA Disaster Reinspection Guidelines for DR-4935?
- AWACS interpretation, not source language: Review the mandatory disaster inspection requirements for DR-4935 in Texas, focusing on exterior reinspections for appraisals completed prior to August 5, 2026, interior reinspection triggers upon damage detection, and inspection timing rules for appraisal waiver and streamline loans. Test Texas disaster county files with valuations completed prior to August 5, 2026 to ensure a licensed inspector exterior report with photographs is documented. Verify that an interior inspection by the original appraiser was completed whenever exterior property damage was noted. Sample conventional loans with Property Inspection Waivers and VA, FHA, and USDA streamline refinances to verify inspections occurred on or after August 5, 2026.
Related reading
Source and record
Version 1 · archivedChecks
Source verified: Passed
The document ID, link and publication date match the official source.
Quotes match the source: Passed
Every quoted passage appears word for word in the official document.
Requirements backed by the source: Passed
Anything marked required is backed by the requirement language and dates in the source.
- A detail the source does not support was removed or adjusted
- An independent check could not confirm which loans a change applies to; those conditions were removed
In scope: Passed
The document is about residential mortgage lending.
Format and labels: Passed
The record follows the AWACS format and uses its standard labels.
- A detail the source does not support was removed or adjusted
Source
- Correspondent Announcement FEMA Disaster Declaration in Texas (2026-11-04) (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 978f47382647…
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