Yes. In most cases you will not have to pay for another appraisal if you change your mortgage company, and depending on the loan program typed, the first lender can transfer it to the new lender. Some appraisal firms may charge a small fee because additional clerical work is required to reflect the new mortgage company; this is called an "Appraisal Retype Fee". The original mortgage company has the right to refuse to transfer the appraisal to another lender. In this case, a new appraisal is needed.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 29818
1100 W. Town & Country Rd. Ste. 1250
Orange, California 92868
Phone: (877) 714-7145
Direct Bank Rate strives to ensure that its services are accessible to people with disabilities. Direct Bank Rate has invested a significant amount of resources to help ensure that its website is made easier to use and more accessible for people with disabilities, with the strong belief that every person has the right to live with dignity, equality, comfort and independence.
Direct Bank Rate makes available the UserWay Website Accessibility Widget that is powered by a dedicated accessibility server. The software allows directbankrate.com to improve its compliance with the Web Content Accessibility Guidelines (WCAG 2.1).
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Direct Bank Rate continues its efforts to constantly improve the accessibility of its site and services in the belief that it is our collective moral obligation to allow seamless, accessible and unhindered use also for those of us with disabilities.
Despite our efforts to make all pages and content on Direct Bank Rate website fully accessible, some content may not have yet been fully adapted to the strictest accessibility standards. This may be a result of not having found or identified the most appropriate technological solution.
If you are experiencing difficulty with any content on Direct Bank Rate website or require assistance with any part of our site, please contact us during normal business hours as detailed below and we will be happy to assist.
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