Appraisal
Disclaimer: This website provides general mortgage and financial information for educational purposes only. It does not constitute financial, legal, or mortgage advice. Housentia is not a licensed mortgage broker, lender, or loan originator.
This content is provided for general educational purposes only and does not constitute financial or mortgage advice.
Definition
An opinion of a property’s value by a licensed appraiser. Lenders use it to ensure the loan does not exceed the property’s value.