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Lone Mortgage
5275 S Durango Dr
Las Vegas Nevada, 89113
NMLS #328524
Need Mortgage Help? 702-838-9922

What is an Appraisal

An Appraisal is an estimate of a property's fair market value. It's a document generally required (depending on the loan program) by a lender before loan approval to ensure that the mortgage loan amount is not more than the value of the property. The Appraisal is performed by an "Appraiser" typically a state-licensed professional who is trained to render expert opinions concerning property values, its location, amenities, and physical conditions.

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