---
title: Second Appraisals for HPMLs
description: If the HPML is a first lien you generally must establish an escrow account for the payment of property taxes and any lender-required insurance....
---

[Banker's Compliance Consulting Blog ](https://blog.bankerscompliance.com/en)

# [Second Appraisals for HPMLs](https://blog.bankerscompliance.com/en/second-appraisals-for-hpmls)

 Written by [Jerod Moyer](https://blog.bankerscompliance.com/en/author/jerod-moyer) | Jun 30, 2022 7:42:43 PM

Be sure to [JOIN US](https://store.bankerscompliance.com/#?keyword=Appraisal&type=) for our webinar, “Regulations B & Z Appraisal Requirements”.

Higher-Priced Mortgage Loans can have a lot of compliance hoops to jump through. For instance, if the HPML is a first lien you generally must establish an escrow account for the payment of property taxes and any lender-required insurance (hazard, flood, mortgage, etc.). Keep in mind; however, there are some exceptions. For more on these requirements check out “Ability to Repay, QM, High-Cost & Higher-Priced Mortgage Loans” or “All About Escrowing & Escrow Accounts” [OnDemand](https://store.bankerscompliance.com/#?keyword=escrow&type=).

Another requirement for HPMLs is to obtain a second appraisal in certain circumstances.

Jerod explains more in the video.

 

Published  
2022/06/30

[View full post](https://blog.bankerscompliance.com/en/second-appraisals-for-hpmls)

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