Here are a few important things to know about home appraisals:
Our mortgage lending team members are available to answer any questions you have on the appraisal or general homebuying process. We look forward to working with you and providing guidance.
A home purchase is likely one of the largest and most important investments you’ll make, and the appraisal process is an essential part of obtaining a mortgage. We have insight to help you through the process and answer your questions, including what to expect during the process:
If you have questions or concerns regarding your appraisal report, please visit with your mortgage lender.
Congratulations on your decision to buy a new home! We’ve outlined some important details you’ll need to know about the process:
Great question! It’s an account used to pay for items related to your property, such as taxes and insurance, and is a calculated portion of your monthly mortgage payment.
Great news! There is no fee. Mortgage escrow accounts are maintained free of charge.
Your mortgage escrow payment is composed of three portions: