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All about appraisals

 What is an appraisal? Simply put: an appraisal is a professional’s opinion on the true market value of your home.  Banks use appraisals, and so do home owners during the process of buying, selling or refinancing a home. How do appraisers calculate my home’s worth?...

A new year brings new rules

January 1, 2018 will bring another change to mortgage rules that will apply to all federally regulated financial institutions. The changes are to reinforce the expectation that lenders will remain vigilant in their mortgage underwriting procedures. Currently all...