How to Find a Property Appraiser

Written by Brian Austin


When it comes to finding a real estate appraiser, many homeowners don't know what to look for. This article describes 5 things to look for in a property appraiser.

1. Always make sure a property appraiser is licensed or certified byrepparttar state to perform real estate appraisals. While state licensing and/or certification isn’t always an indication of quality, it ensures that an individual is has met certain standards and been authorized to perform property appraisals. Some states do not require licensing to perform real estate appraisals. It is unwise to userepparttar 138776 services of any professional who is not licensed or certified.

2. Don’t be afraid to ask an appraiser for a copy of their license. A good appraiser will readily provide this documentation. Copies of licenses are commonly requested by mortgage brokers and loan officers. Once you get a copy of their license, it’s a good idea to check withrepparttar 138777 government agency which issuedrepparttar 138778 document to ensurerepparttar 138779 license is active and in good standing.

3. Many excellent real estate appraisers carry a professional designation. The most widely known industry designations are SRPA, SRA and MAI. These designations are issued byrepparttar 138780 Appraisal Institute. These designations demonstrate an appraiser's commitment to continuing education and ethical standards. Oftentimes,repparttar 138781 standards required to obtain these designations exceed those set forth by state licensing/certified requirements.

Adverse Credit Mortgage Loan - Persistence is the Key to Getting Approved

Written by Carrie Reeder


People with bad credit that are looking to get a home mortgage loan or to refinance their existing home mortgage loan, know how difficult of a job it can be to try and get approved. Adverse credit history can mean a little more legwork to get an approval for a mortgage loan, and especially to get a decent interest rate.

Most mortgage brokers will tell you that if they can’t help you, no one can. That is simply not true. Every mortgage broker or mortgage lender has access to very different lending programs. A program that may be impossible for one broker can be very possible for another broker. Some mortgage brokers have access to lending companies that specialize in home mortgage loans for people with less than perfect credit that have more lenient qualifications than other sub-prime lenders do.

The key to getting approved for a home mortgage loan with poor or bad credit is persistence.

Apply with online mortgage brokers that will submit your application to multiple lenders, so that you will receive at least 4 lender offers from each application that you submit. These companies will submit your application to usually hundreds of mortgage lenders that can help you with a refinance, purchase, second mortgage or home equity loan and then remitrepparttar 4 best offers available to you. These online mortgage broker services can help people in almost every state from Florida to California.

The best thing about this process is that most of these mortgage brokers won’t even pull your credit when you apply. That means that there is no risk to you for trying it out. Usually when you have started to work with a specific mortgage lender, that is when they will ask if they can pull your credit report. You may already know that multiple inquiries on your credit report can drop your credit score slightly, and if you have bad credit to begin with, you are going to want that score to be as high as possible.

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