- Homebuyers
- May 17, 2012
Appraising the Property
An appraisal determines the market value of a home. The lender will require an appraisal prior to officially approving any loan.
An appraisal determines the market value of a home. The lender will require an appraisal prior to officially approving any loan.
A mortgage rate lock is the only guarantee that you will receive the terms at the time your loan is approved.
As a potential home buyer, you should be prepared for lenders to take a more detailed look at everything about you.