What is an Appraisal Waiver? In this video I will fully explain everything you need to know about Appraisal Waivers, how they work and the benefits to the borrowers. Did you know that must loans today are receiving “Appraisal Waivers” during the underwriting process. So if you are purchasing a home or refinancing your current one then you don’t want to miss this video.
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Check out the video I did on What is an APPRAISAL – The Appraisal Process Fully Explained – Everything You Need to Know!
What is an APPRAISAL – The Appraisal Process Fully Explained – Everything You Need to Know! – https://youtu.be/gkEPPeysoZQ
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In This Video:
0:00 A Intro To Understanding What is Appraisal Waivers
0:16 What is Mortgage Appraisal?
0:56 Understanding how Appraisal Works
1:32 What is an Appraisal Waver?
2:30 Appraisal Eligibility
3:03 Waivers May be Granted On
3:35 Investment Purchases
3:45 Automated Collateral Evaluation
4;14 10 Steps guide on do’s and Don’ts before you apply