Navigating Appraisal ExemptionsAssessing Property Qualifications with Treasury Funds Home Loans, Inc. Some mortgage loans may not require an appraisal for several reasons: Loan Type Certain types of mortgage loans, such as FHA (Federal Housing Administration) loans or VA (Veterans Affairs) loans, have specific guidelines that may waive the requirement for a traditional appraisal under certain […]
Appraisals
How Does an Appraisal Impact My Mortgage?
How Does an Appraisal Impact My Mortgage? A home appraisal is an essential step in the mortgage application process that involves determining the fair market value of a property. It is conducted by a licensed and certified appraiser who assesses various aspects of the home to provide an unbiased and professional opinion on its value. […]