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Quicken Loans Warns Some Parts of Loan Process May Not Proceed Due to Shelter-in-Place

Quicken Loans told customers certain parts of the loan process “can’t proceed” in areas of the country affected by shelter-in-place orders. Specifically, they said home appraisals can’t be conducted while homeowners are sheltering in place, nor can rate lock requests be made. As to why you can’t lock a rate, which isn’t an in-person activity, [&hellip
Source: Mortgage