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Form SFN60794 Notification and Appraisal Waiver - North Dakota
What Is Form SFN60794?
This is a legal form that was released by the North Dakota Department of Transportation - a government authority operating within North Dakota. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form SFN60794?
A: Form SFN60794 is a Notification and Appraisal Waiver used in North Dakota.
Q: What is the purpose of Form SFN60794?
A: The purpose of Form SFN60794 is to waive the requirement for a property appraisal when applying for a mortgage or refinancing in North Dakota.
Q: Who can use Form SFN60794?
A: Form SFN60794 can be used by homeowners or homebuyers in North Dakota who are applying for a mortgage or refinancing.
Q: How does Form SFN60794 work?
A: Form SFN60794 allows homeowners or homebuyers to request a waiver of the appraisal requirement by providing information about the property's value.
Q: Is Form SFN60794 mandatory?
A: No, Form SFN60794 is not mandatory. It is an option for homeowners or homebuyers who wish to waive the appraisal requirement.
Q: Are there any eligibility requirements for using Form SFN60794?
A: Yes, homeowners or homebuyers must meet certain criteria to be eligible for a waiver of the appraisal requirement using Form SFN60794. These criteria may vary depending on the lender and the specific loan program being used.
Q: Can Form SFN60794 be used for all types of properties?
A: Form SFN60794 can be used for most types of residential properties, including single-family homes, condominiums, and townhouses. However, certain types of properties may not be eligible for an appraisal waiver.
Q: Does using Form SFN60794 affect the interest rate or loan terms?
A: No, using Form SFN60794 does not automatically affect the interest rate or loan terms. The interest rate and loan terms are determined by the lender based on other factors, such as credit score and loan-to-value ratio.
Q: Is Form SFN60794 specific to North Dakota?
A: Yes, Form SFN60794 is specific to North Dakota and is not applicable in other states.
Form Details:
- Released on January 1, 2019;
- The latest edition provided by the North Dakota Department of Transportation;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Form SFN60794 by clicking the link below or browse more documents and templates provided by the North Dakota Department of Transportation.
