A possible change to appraisal requirements could help small-business borrowers, but hurt appraisers. U.S. bank regulators may increase the commercial loan threshold for requiring appraisals from $250,000 to $400,000, Bloomberg reported. The change could make it easier for small-business owners to secure financing and also ease costs since appraisal fees are typically well over $2,000. The Independent Community Bankers of America called for an even higher threshold of $500,000 last year, saying that a change […]


Source: trdnews

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