You may have recently entered into an agreement to purchase a home or residential property or refinance your current home loan. In both cases, you may need a home or real estate appraisal to determine the value of the home or property. 

Through this guide to understanding residential appraisals, you will get a better understanding of appraisal basics and the appraisal process. Plus, your Merchants Bank mortgage lender can answer any additional questions you might have.

Click on the link below to open a PDF document.

Real estate professionals: Please feel free to share with your clients/prospects.

All mortgage loans are subject to credit approval.