Advanced Search

Volume 2018 - Number 7

February 15, 2018

Standards for Becoming a Residential Appraiser Set to be Reduced, College Credits Won’t Necessarily be Required

The board authorized by Congress to establish appraisal standards will reduce the minimum criteria for a person to become a licensed residential appraiser. The decision stemmed from concerns about appraiser shortages and disagreements among industry participants on how to address the issue.

Subscribers to Inside Mortgage Finance have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?


A weekly "must read" for industry executives. Thoroughly covers regulatory, political, legislative and market issues in the residential mortgage business.



You can purchase this article for $55.00 without subscribing and always have access to it on

Pay Per View

Please contact Customer Service if you need assistance: 1-800-570-5744


On average, how much of a commission does your shop pay loan officers per loan they originate ?

25 to 50 basis points.


51 to 100 basis points.


101 to 150 basis points.


North of 151 basis points. (We expect a lot.)


We pay salary, not commission.