Can Another Mortgage Company be Used After the Completed Appraisal?
Yes. In most cases you will not have to pay for another appraisal if you change your mortgage company, and depending on the loan program typed, the first lender can transfer it to the new lender. Some appraisal firms may charge a small fee because additional clerical work is required to reflect the new mortgage company; this is called an "Appraisal Retype Fee". The original mortgage company has the right to refuse to transfer the appraisal to another lender. In this case, a new appraisal is needed.
About Us
As a Lender, United Lending has been helping customers afford the home of their dreams for many years.
Getting a home loan with United Lending is easier than you think. With over a decade of mortgage experience, we make the process of securing a mortgage simple and straightforward by offering you the latest in financial tools that enable you to make sound financial choices.
"Finding The Right Mortgage Option For You Is Our Business".