Mutual of Omaha Mortgage TPO FEMA Declared Disaster Notification: Missouri 7-24-24-1

Mutual of Omaha Mortgage TPO FEMA Declared Disaster Notification:

Missouri 7-24-24-1

Incident Date:  May 28, 2024

Declaration date: July 23, 2024

Type:    Missouri Severe Storms, Straight-line Winds, Tornadoes, and Flooding

FEMA ID: DR-4803-MO

County List:  Missouri – Barry, Butler, Carter, Howell, New Madrid, Ripley, Scott, Shannon, Stoddard, Texas

see website for added counties.

Incident End Date: has not yet been established.  Please refer to the FEMA link below, for Incident End Date, when published by FEMA.

FEMA Link:

https://www.fema.gov/disaster/4803

Mutual of Omaha Mortgage TPO will require an additional property inspection for any property located in a designated disaster area where the appraisal was performed prior to the disaster effective date prior to closing:

>Acceptable re-inspection types: 1. Property Inspection Form (Form 2075) 2. Appraisal Update and/or completion form (Form 1004D) 3. Disaster inspection completed by a 3rd party

>Disaster Inspections will be required for those loans that waive appraisal valuations: FHA Streamline, VA IRRRL, USDA Streamlined Assist, and standard conventional loans receiving PIW/PFWs

>Post disaster inspections will be required for a 90-day period from the effective date

>Non-Delegated Correspondent and Delegated Correspondent will require a disaster inspection prior to purchase

This is not a consumer advertisement.  It is for industry professionals only and not for delivery to consumers for a commercial communication purpose.