In this brief guide, we are going to provide a few examples of a mortgage valuation report.
Mortgage valuation report (example)
Below you can see some examples of mortgage valuation reports:
FAQs: mortgage valuation report (example)
Below are some of the most frequently asked questions about mortgage valuation reports.
What is a mortgage valuation report?
A mortgage valuation report is a report which is prepared for a mortgage lender by its valuation experts. This can be on desk valuations using computers or in field valuations where a surveyor attends the property and reviews it from its exterior.
In some cases, an interior viewing may be needed before the mortgage lender provides you with a mortgage offer.
Can a mortgage be refused after valuation?
Yes, a mortgage can be refused after a valuation if the value you indicated on your mortgage application was far below or above the property’s true value. A lender may have a loan to value range which is part of its lending criteria and could decline your mortgage after a valuation if it doesn’t fit its lending criteria
In this brief guide, we provided a few examples of a mortgage valuation report.
If you have any questions or comments please let us know.
John Bate
John has 22 years of experience in financial services. This spans across financial research, financial services (As a qualified mortgage broker and underwriter), financial trading and sales at global investment banks. While working as a publishing research analyst, he covered European bank credit and advised institutional clients on investment strategies at both JP Morgan and Societe Generale. John has passed all three levels of the CFA (Chartered Financial Analyst) programme.
