Loan impact
Summarized from the announcement · needs reviewApplies to: Loans secured by properties located in declared Ohio disaster counties across conventional, FHA, VA, USDA, and non-agency programs.
- ANDCarrington loan
- ANDState is OH
- Addressed to
- Carrington correspondent sellersFrom the publisher, not quoted from the text
- Investor
- CarringtonFrom the publisher, not quoted from the text
- Programs
- Conventional, FHA, Non-QM, USDA, VA
- Affected area
- Eligibility
- Affected documents
- Property re-inspection report; Original appraisal report
- Applicability confidence
- Needs review: some rows could not be matched to a quote from the source
Summary by AWACS. Carrington Correspondent'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 |
|---|---|---|
| Property inspection update for FHA standard documentationTightenedRequired | Not stated | A property re-inspection is mandatory if the appraisal was performed before August 22, 2026. |
| Property re-inspection for VA full documentation mortgagesTightenedRequired | Not stated | A re-inspection is required if the appraisal inspection was completed before August 10, 2026. |
| Re-inspection requirement for VA interest rate reduction refinance loansTightenedRequired | Not stated | A property re-inspection is required if loan closing documents were not signed before August 10, 2026. |
| Property re-inspection for USDA loansTightenedRequired | Not stated | A property re-inspection is required if the appraisal inspection date preceded August 24, 2026. |
| Property re-inspection for conventional mortgagesTightenedRequired | Not stated | A property re-inspection is required when the original appraisal inspection occurred before August 22, 2026. |
| Property re-inspection for non-agency productsTightenedRequired | Not stated | A property re-inspection must be obtained if the initial appraisal inspection took place prior to August 22, 2026. |
What to do
AWACS interpretation · not source languageWhat to review: Review the mandatory property re-inspection cut-off dates across FHA, VA, USDA, conventional, and non-agency programs for properties located in declared Ohio disaster counties.
Condition and review property re-inspections for loans secured by properties in declared Ohio disaster counties based on program-specific appraisal inspection or closing date cutoffs.
Confirm required property re-inspection reports are received and satisfactory prior to closing for covered Ohio disaster-area loans meeting the applicable cut-off dates.
Verify that complete property re-inspection documentation is retained in the file for loans secured by real estate in the designated Ohio disaster counties.
QC implications
- Audit loans secured by properties in designated Ohio disaster counties to ensure property re-inspections were performed when appraisals or loan document signings preceded the program-specific dates.
Source and record
Version 2 · 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, adjusted automatically
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.
Source
- Disaster Announcement FEMA Disaster Declaration - Ohio (2026-09-16) (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 2a244b027b91…
- Report an error · How versions work