Mortgage appraisal is an original valuation of a property's accurate market price that is often requested by Trust Companies, Banks, and Mortgage Brokers, who have a comprehensive understanding of the appraisal process as it ensures that mortgage loan amount is not more than the value of the property. The appraisal procedure is performed by an appraiser – usually by a licensed individual or a firm concerning actual property valuation.
However, when it comes to second mortgages, it involves a home equity loan from a financial institution. It includes more risks for financial institutions than the usual mortgages because it has a considerably higher interest rate than the first mortgage. Being a renowned and reputed mortgage appraisal support service provider, we leave no stones unturned, offering accurate, credible property value. We make sure that a robust appraisal review has been in place with 360 key aspects of the appraisal process.