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Mortgage

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Payments

Appraisal

  • How long does an appraisal take?
    Typically, the appraisal report is available within seven business days from the inspection date.
  • Why do I need an appraisal?
    An appraisal is required because a mortgage is a secured loan. We need to verify the value of the collateral in order to determine if it is sufficient when compared to the loan amount.
  • What is an appraisal?
    An appraisal is an assessment of the current market value on a home or property by a licensed professional.

Fees