FAQ and Tips
- HOW MUCH WILL MY PAYMENTS BE?
- FOR HOW MUCH DO I NEED TO QUALIFY?
- HOW MUCH CAN I AFFORD?
- WHAT IS A HARD MONEY LOAN?
- HOW CAN I BECOME AN INVESTOR?
- APPLICATION CHECKLIST
- FREE CONSULTATION
The Loan Lady
56100 29 Palms Hwy
Yucca Valley, California 92284
Tel: 760-365-7003
Fax: 760-365-7113
Email: loan_lady@verizon.net
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.