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Loading...Loading...Most mortgage lenders require a written opinion from a licensed professional about the current market value of a home before they will approve a purchase or refinance loan.
I always tell people that a home is only worth what a qualified professional says it is on paper. It may sound rude, but that's how lenders see it. An appraiser who is licensed or certified looks at a property and writes a formal estimate of its fair market value as part of the home appraisal process.
Fair market value is the price that a buyer and seller would agree to in an open, competitive market where neither party is under pressure to close. The appraisal uses the home's condition, features, and what buyers have actually paid for similar homes in the area to come up with that number.
In most cases, the appraisal is not up for discussion. Whether you're buying a home or refinancing an existing loan, your lender needs to make sure that the property securing the debt is worth at least as much as the amount you're borrowing. The lender won't give you the full loan amount if the appraisal comes in lower than the loan amount. This protects the lender from writing a mortgage on a property that couldn't pay off the debt if the borrower didn't pay.
The appraisal is also for your own protection. I've had buyers who were so attached to a home that they were willing to pay $30,000 more than it was worth. The appraisal is one of the few times in the process when someone who isn't involved says, "This is what this property is really worth." You need that information.
When you apply for a mortgage through AmeriSave, the lender will hire an appraisal management company (AMC) to do the appraisal. This is required by federal law. As part of your closing costs, you'll usually have to pay the appraisal fee up front. The appraiser is a neutral professional who does not work for the lender. Their job is to give an unbiased value.
Not every appraisal looks the same. Lenders choose the appraisal type based on the loan product, the borrower's risk profile, and current guidelines from investors like Fannie Mae and Freddie Mac. Here are the four most common types you'll encounter.
This is the gold standard. The appraiser physically visits the property, walks through every room, measures square footage, notes the condition of major systems (roof, HVAC, plumbing, electrical), and photographs the home inside and out. They then research recent comparable sales and complete a full written report using Fannie Mae's Uniform Residential Appraisal Report, commonly called Form 1004.
Traditional full appraisals are required for most conventional purchase loans and all FHA, VA, and USDA loans. They typically take 30 minutes to two hours on-site, followed by several days to produce the final report. Expect to pay $350 to $600 for a standard single-family home in most markets.
A hybrid appraisal splits the work between the licensed appraiser and a third-party data collector. A local inspector, real estate agent, or trained technician visits the home and gathers photos, measurements, and condition notes. The licensed appraiser then uses that data, combined with public records and comparable sales, to complete the report remotely.
Fannie Mae and Freddie Mac have expanded hybrid appraisal acceptance in recent years as a way to address appraiser shortages and reduce turn times. They tend to cost slightly less than a full traditional appraisal because the appraiser spends less time on-site. Not all lenders or loan types accept them, so it's worth confirming eligibility before assuming this will be your route.
A desktop appraisal is completed entirely from the appraiser's office. The appraiser uses public records, floor plans, MLS data, and nearby comparable sales to estimate the property's value without any physical site visit. Fannie Mae has expanded acceptance of desktop appraisals for certain low-risk purchase transactions, a policy shift driven in part by operational changes during periods of market disruption and appraiser shortage.
Desktop appraisals cost less but are only approved in specific scenarios. They're most commonly used for low-LTV refinances or loans with strong compensating factors. If your lender tells you a desktop appraisal is sufficient, consider it a good sign: it typically means the loan carries lower risk and the property's value can be supported by existing data.
In a drive-by appraisal, the appraiser evaluates the exterior of the property and the neighborhood without entering the home. They combine that exterior observation with public records and comparables to estimate value. These cost less than full appraisals, typically $200 to $450, and are sometimes accepted for home equity loans, low-risk refinances, or situations where the borrower has substantial equity.
Drive-by appraisals can't account for interior condition, so they're generally not accepted for purchase transactions or government-backed loans. If there's any chance interior issues could affect value, lenders will require a full appraisal.
The Appraisal Foundation sets the professional standards that all certified appraisers must follow through the Uniform Standards of Professional Appraisal Practice (USPAP). Within those standards, appraisers evaluate several key factors when determining your property's value.
This is the foundation of the appraisal. The appraiser will assess the age of the home, its general state of repair, and the condition of major structural components: the roof, foundation, exterior walls, windows, and systems like plumbing, electrical, and HVAC. They'll note any visible safety hazards, moisture issues, or obvious deferred maintenance.
Square footage matters, but so does how that footage is configured. A 2,000-square-foot home with four bedrooms and two bathrooms will typically appraise differently than a 2,000-square-foot home with two bedrooms and one bathroom, even if everything else is identical. Appraisers look at bedroom-to-bathroom ratios, ceiling heights, garage capacity, storage, and how functional the floor plan is for modern buyers.
Appraisers will include the value of permanent improvements: kitchen and bathroom remodels, additions, finished basements, new roofs, updated HVAC systems, hardwood floors, energy-efficient windows, and solar panels (if owned, not leased). The key word is permanent. Furniture, appliances that can be unplugged, or a backyard trampoline don't count.
Not every dollar spent on renovation translates to a dollar increase in appraised value. Improvements are valued in the context of the neighborhood. A $100,000 kitchen renovation in a neighborhood where homes top out at $350,000 won't add $100,000 in value. Appraisers look at what the market will support, not what the renovation cost. This is one of the most misunderstood aspects of the appraisal process, and I wish more buyers and sellers knew it going in.
Real estate comps are the backbone of the appraisal. The appraiser identifies three to five recently closed sales of similar homes in the same market area — ideally within the last 90 days and within a mile of the subject property. They then adjust those sale prices up or down to account for differences between the comp and your home.
If a comparable home sold for $400,000 but had three bathrooms while your home only has two, the appraiser might deduct $8,000 to $12,000 from that comp's price to make it comparable. These adjustments are based on paired sales analysis and local market data. The final reconciled value reflects the appraiser's weighted judgment of what the market evidence suggests your property is worth.
In fast-moving markets like Dallas-Fort Worth, finding reliable comps from the past 90 days can be challenging during periods of rapid price change. Appraisers in those situations may need to expand the search radius or time frame and explain those adjustments in the report.
Location influences appraised value in ways that have nothing to do with the home itself. Proximity to good schools, employment centers, parks, and retail adds value. Proximity to industrial facilities, busy highways, flood zones, or commercial zones typically reduces it. Neighborhood trend direction, whether prices are rising or falling, also enters the analysis.
Appraisers are prohibited by fair lending laws from making any adjustments based on the racial or ethnic composition of a neighborhood. This is a strict legal boundary under the Fair Housing Act and equal credit opportunity regulations. The CFPB has noted that appraisal bias remains an area of active regulatory scrutiny, and that's something the industry takes seriously.
Most buyers don't have much direct involvement in the appraisal process, which is by design. But knowing what's happening at each stage helps you avoid surprises and respond quickly if something goes wrong.
After you go under contract on a home and your lender accepts your loan application, they'll order the appraisal through an AMC. Federal law requires that the appraiser be independent from the lender's loan production staff. This was mandated after the housing crisis to prevent lenders from pressuring appraisers to hit specific values.
You'll typically pay the appraisal fee upfront, either by credit card or as part of your initial deposit to the lender. Once ordered, scheduling can take a few days to a week or more, depending on appraiser availability in your market.
For a traditional full appraisal, the appraiser will schedule a time to visit the property. The seller or their agent should be present to provide access. The inspection typically takes 30 minutes to two hours depending on the home's size and complexity.
During the visit, the appraiser measures the home, photographs every room and the exterior, checks the condition of systems and finishes, and notes any visible defects. They don't test appliances or open walls, but they will note anything obviously problematic: a cracked foundation, missing stair railings, water stains on ceilings, or any active health and safety concerns.
If you're the seller, this is your chance to make a good impression. A clean, well-lit, accessible home is easier to appraise and generally presents better. Have documentation of recent improvements ready to hand to the appraiser, because they can only value what they can see and verify.
After the inspection, the appraiser does their desk work: pulling comparable sales, making adjustments, and completing the formal report. This typically takes three to seven days, though in busy markets or for complex properties, it can take longer.
The completed report is delivered to the lender, not directly to you. However, federal law under the Equal Credit Opportunity Act (ECOA) requires lenders to provide you with a copy of the appraisal report promptly, and no later than three business days before closing. If you've applied for a mortgage through AmeriSave, you'll receive a copy through your loan portal once the lender has reviewed it.
The lender's underwriter reviews the appraisal to confirm it meets investor guidelines, that the property type is acceptable for the loan, and that the appraised value supports the requested loan amount. If the appraisal raises concerns, the underwriter may request a revision, a second appraisal, or additional documentation.
If everything looks good, the appraisal clears underwriting and your loan moves toward closing. The entire process from ordering to underwriting clearance usually takes one to two weeks, though market conditions and appraiser availability can push that out.
Appraisal fees in the current market typically range from $350 to $600 for a standard single-family home, according to data from HomeAdvisor and HomeGuide. That range can shift based on your location, the size and complexity of the property, and the loan type you're using.
Here's a breakdown of what you're likely to encounter by category:
Standard single-family home: $350 to $600. This covers the traditional full interior and exterior appraisal that most purchase loans require.
Condo: $400 to $750. Condos often require additional analysis of the HOA financials and project approval status, which adds time and cost.
Multi-family (2 to 4 units): $500 to $1,500. These properties require the appraiser to analyze rental income potential, which adds significant complexity.
FHA and VA loans: $400 to $900. Government-backed loan appraisals require the appraiser to verify minimum property standards and health-and-safety conditions that go beyond a conventional appraisal.
USDA loans: $550 to $800. USDA appraisals typically run higher than conventional fees because of rural property complexity and stricter condition requirements. According to HomeAdvisor, the USDA appraisal fee for a single-family home averages around $775.
Desktop and drive-by: $150 to $450. These streamlined formats cost less but are only accepted in limited scenarios.
Let's say you're under contract to buy a home for $420,000. You have 5% down ($21,000), and you're applying for a $399,000 conventional loan. Your appraisal comes back at $400,000 instead of $420,000.
Your lender will only lend up to 95% of the appraised value, which is $380,000 (not $399,000). That means you're now $19,000 short of what you need to close at $420,000. Your options are to put that $19,000 in cash toward the purchase price, renegotiate with the seller to drop the price to $400,000, or walk away using your appraisal contingency.
If you renegotiate successfully and close at $400,000 with your original 5% down, your new loan amount is $380,000 at a 7.0% rate over 30 years. Monthly principal and interest on that loan comes to approximately $2,529. Compare that to what you'd have paid on $399,000 at the same rate: roughly $2,655 per month. The lower appraised value, if it leads to a price cut, can actually reduce your monthly payment by over $125 and save you more than $45,000 in interest over the life of the loan.
That's the math most buyers don't run until they're in the middle of it.
In most purchase transactions, the buyer pays for the appraisal. It's usually collected by the lender upfront or included in your closing costs. You'll see it as a line item on your Loan Estimate, which your lender is required to provide within three business days of receiving your application.
Sellers who want to list with confidence sometimes order a pre-listing appraisal on their own dime, separate from any lender transaction. That typically costs the same as a standard appraisal and is paid directly by the seller to a private appraiser of their choosing.
In refinance transactions, the homeowner/borrower pays for the appraisal, since they're the one seeking the loan. For home equity loans and HELOCs, the borrower pays as well. In divorce situations, the cost is commonly split between parties, or the spouse buying out the other pays the full fee.
One important note: even if your deal falls apart after the appraisal is completed, you typically don't get the appraisal fee back. The appraiser did the work and gets paid regardless of whether the transaction closes. Budget for this cost as a sunk cost from the moment you go under contract.
The physical inspection usually takes 30 minutes to two hours for a standard home. But that's only part of the timeline. From the day the appraisal is ordered to the day the final report reaches your lender, you should plan on seven to fourteen business days, though in slower markets with high appraiser availability, you may see faster turn times.
Here's a typical sequence: The lender orders the appraisal and an AMC assigns it to an available licensed appraiser. Scheduling the inspection takes one to five business days depending on the appraiser's current workload. The on-site visit happens. The appraiser completes their research and writes the report, which takes three to seven business days. The AMC delivers the report to the lender, who reviews it and forwards it to underwriting.
Complex properties, rural locations, and homes with unusual features can push turn times out further. During peak spring and summer markets, appraiser demand spikes and delays become more common. If you're working against a contract deadline, your real estate agent or lender can sometimes request a rush appraisal, though that may come with an additional fee.
People mix these up constantly, and it's understandable. Both involve sending someone to look at the house. But the purpose, the professional involved, and what they're actually looking for couldn't be more different.
A home appraisal determines value. It answers the question: what is this property worth in today's market? It's required by the lender. The appraiser is a licensed or certified real estate valuation professional who produces a formal report following USPAP standards.
A home inspection assesses condition. It answers: what's working, what's broken, and what's a risk? It's not required by most lenders, but it's strongly recommended for buyers. A home inspector is a trained professional who tests appliances, probes mechanical systems, checks structural integrity, identifies moisture intrusion, and documents defects. A standard home inspection costs $295 to $425 according to HomeGuide, and takes two to four hours.
An appraiser might note that the roof appears aged and recommend further inspection. An inspector will get on the roof, check flashing, note specific damage, and tell you it has three years of useful life remaining. One gives you a number. The other gives you a checklist. You need both.
Don't let an appraisal substitute for an inspection. I see buyers, especially in competitive markets, skip the inspection to speed up their offer. That's a risk that can cost far more than what you'd save by skipping a $350 inspection fee.
One of the most confusing parts of the appraisal process is how requirements change depending on your loan type. Here's what you need to know.
Conventional loans backed by Fannie Mae or Freddie Mac use the Uniform Residential Appraisal Report (Form 1004 for single-family homes). The focus is primarily on market value, with condition noted but no formal minimum property standards required beyond basic habitability. Fannie Mae and Freddie Mac have expanded their use of hybrid and desktop appraisals for qualifying transactions, which can reduce both cost and turn time.
AmeriSave originates conventional loans across the country, and the specific appraisal type required will be confirmed during your loan setup based on Fannie Mae's or Freddie Mac's approval of the collateral.
FHA appraisals are performed by FHA-approved appraisers only and follow HUD's Mortgagee Letter guidelines. The appraiser must determine both market value and whether the property meets FHA Minimum Property Standards (MPS). Those standards require that the home be safe, sound, and sanitary.
An FHA appraiser will flag issues that a conventional appraiser might only note: peeling paint on pre-1978 homes (lead paint hazard), missing handrails, cracked windows, evidence of water intrusion, exposed wiring, non-functional utilities, and missing appliances in the kitchen. If the property doesn't meet MPS, the lender will require repairs before the loan can close. FHA appraisals typically cost $400 to $700.
VA appraisals are ordered through the VA's appraisal management system and must be completed by a VA-certified appraiser on the VA fee schedule. Like FHA, VA appraisals have minimum property requirements (called Minimum Property Requirements, or MPRs) focused on safety, structural soundness, and sanitation.
VA appraisers also produce a Notice of Value (NOV), which is the VA's equivalent of a standard appraisal report. VA appraisals cost $425 to $900 depending on the property type and state, with specific fee schedules set by the VA for each geographic area. AmeriSave is a VA-approved lender and can guide veterans through the specific appraisal process for their loan type.
USDA loans, used to buy homes in eligible rural and suburban areas, require appraisals that conform to Fannie Mae standards and follow USDA's minimum property requirements, which align closely with FHA standards. The property must be modest in size and design for the area, adequate in condition, and located in a USDA-eligible geographic area.
USDA appraisals tend to cost more than conventional appraisals in part because rural properties often have fewer comparable sales, requiring more research and broader geographic searches to support the value. HomeAdvisor reports a typical USDA single-family appraisal fee around $775.
A low appraisal is one of the most stressful moments in a home purchase. Here's what your options are when it happens.
Cover the gap in cash. If you have the funds, you can bridge the difference between the appraised value and the purchase price out of pocket. This is the simplest solution but requires reserves that not every buyer has.
Renegotiate the purchase price. Request that the seller reduce the price to meet the appraised value. Sellers aren't required to negotiate, but a buyer who walks away due to a low appraisal means the seller starts over. Many sellers will negotiate rather than lose the deal, especially if comps support the appraised value.
Request a reconsideration of value (ROV). If you believe the appraiser made errors — used the wrong comps, missed a major improvement, or made incorrect adjustments — you can request an ROV through your lender. You'll need to provide specific evidence: closed sales the appraiser didn't consider, documentation of improvements, or factual errors in the report. This isn't guaranteed to change the value, but it's a legitimate path if the data supports it.
Walk away using your appraisal contingency. If you included an appraisal contingency in your purchase contract (which your agent should strongly recommend), you can exit the deal without losing your earnest money if the appraisal comes in below a specified threshold. This is why the contingency matters.
Split the difference. Sometimes buyers and sellers meet somewhere in the middle: the buyer agrees to come up with some additional cash, the seller drops the price partially, and both sides make concessions to save the deal. This is especially common when both parties are motivated and the gap isn't enormous.
Clean and declutter every room, including basements, attics, and garages. Appraisers need clear access to measure rooms and inspect systems. Clutter slows them down and can suggest deferred maintenance.
Complete minor repairs before the appointment: patch holes in walls, fix dripping faucets, replace burned-out light bulbs, secure loose handrails, and touch up peeling paint. These are small-dollar items that can create negative impressions disproportionate to their actual cost.
Prepare a written summary of improvements made since purchase, including dates and approximate costs. Provide contractor invoices if you have them. Appraisers can only credit what they can see and verify, and documentation accelerates that process.
Make sure the appraiser can access every part of the home. Unlock the attic, open the crawl space, clear anything blocking the electrical panel, and ensure the yard gates are open. An inaccessible area gets noted as a limiting condition, which can trigger questions from underwriting.
You don't control the appraisal, but you can stay informed. Review the appraisal report carefully when your lender provides it. Check that the square footage is accurate, the correct number of bedrooms and bathrooms is listed, and that recent improvements are reflected.
If you spot factual errors, contact your lender immediately and request an ROV with supporting documentation. Don't wait. Timelines in a mortgage transaction are tight, and an ROV request needs to go in promptly to avoid delays.
Don't pay above appraised value without a plan. If you're in a competitive market and you know there's a risk of an appraisal gap, decide in advance what you'll do if it happens. Know your maximum cash-to-close number. Know whether you'd negotiate or walk. Going into the appraisal with a contingency plan protects you emotionally and financially.
Yes, and you should if you have a good reason to. The reconsideration of value process gives buyers, sellers, and agents a formal way to ask the appraiser to look at their work again in light of new information. It's not a second opinion; it's a request for the first appraiser to look at certain information you give them again.
A strong ROV submission includes proof of sales that are similar to the ones the appraiser didn't use, along with a written explanation of why those sales are important. It has proof of changes or features that seem to have been missed or not given enough credit. It finds factual errors like the wrong square footage, the wrong number of bathrooms, or the wrong age of the systems. It doesn't include emotional appeals, what the buyer thinks the price should be, or vague disagreement with the outcome.
Fannie Mae and Freddie Mac rules say that lenders must send ROV requests to the appraiser and keep a record of the answer. The appraiser can keep the original value, raise it, lower it, or write down why the requested comps weren't used. If the lender is still not happy, they can ask for a field review or a second appraisal. The latter is less common and costs more.
If you think that a low appraisal doesn't show the true market value of the home, AmeriSave's loan team can help you with the ROV process. There is a time limit for the process, and it is important to move quickly.
One of the most important parts of getting a mortgage is getting an appraisal of your home. Your lender will use this number to figure out how much money it will lend you. It's the check on paying too much in a hot market. And when it comes in lower than expected, that's when everyone at the table is put to the test.
The good news is that if you know how the process works, appraisals are easy to handle. Know what appraisers look for, get your property ready for them, know what your loan type needs, and have a backup plan ready in case the number doesn't come back where you want it to.
AmeriSave can help you understand how the appraisal fits into your loan process and what to expect at each step if you're getting ready to buy a home or refinance your current loan. It's always better to know the details of a loan before they show up in your inbox because every loan is different.
Most of the time, buyers aren't there during the appraisal. The seller or their agent lets you into the property. The AMC takes care of scheduling, and the appraiser goes on the visit on their own. That said, buyers have every right to be there, and in some cases it can be helpful if you want to ask the appraiser questions directly. The appraiser's job is to look at the property, not to talk about the deal terms, so keep the conversation focused on the home's features. Once the review is over, your lender will send you the finished report through your loan portal. Visit amerisave.com to learn more about what to expect during the mortgage process.
An automated valuation model (AVM) is a computer-generated estimate of a property's value based on public records, past sales data, and trends in the market. The Zestimate from Zillow is probably the most famous example. AVMs are quick and free, but they might not include important features, they don't take into account the condition of the inside, and lenders won't accept them for mortgage underwriting. In most cases, a licensed appraiser will have to go to the property in person, use their professional judgment, and follow USPAP standards. It's a completely different product from an AVM, and lenders need it because the stakes are so high—possibly hundreds of thousands of dollars—that they need to be held accountable. Visit amerisave.com to learn about your loan options.
The lender orders the appraisal, which is technically the lender's document. According to federal law (ECOA/Regulation B), the buyer (borrower) must get a copy at least three business days before closing. The seller doesn't automatically have the right to see it, but buyers can choose to share it if they want to, and they often do, especially when they want to lower the price after a low appraisal. The homeowner is both the borrower and the owner in a refinance, so they get the report directly. As soon as the lender finishes reviewing the loan, AmeriSave sends appraisal reports to borrowers through the loan portal. For more information on mortgage disclosures, go to amerisave.com.
If an FHA appraiser finds problems that don't meet HUD's Minimum Property Standards, they will write down what needs to be fixed in the appraisal report. The loan can't close until the property meets those standards. Some common repairs that need to be made are treating or replacing old paint in homes built before 1978 (lead paint), fixing broken windows, fixing unsafe railings or steps, fixing electrical hazards that are already there, and fixing roof leaks that are already happening. The seller usually does the repairs, but buyers can sometimes negotiate to do them with a repair escrow. After the repairs are done, the appraiser does a final inspection, also known as a 1004D, to make sure everything is up to code. Visit amerisave.com to find out more about FHA loans.
No, and knowing the difference can help you avoid confusion and save money. A county or municipal assessor does a property tax assessment to find out how much your property is worth for local tax purposes. Using mass appraisal methods, assessors usually value large groups of properties at once and may only go to the properties once in a while. Their prices are often behind the market. A licensed private appraiser does a mortgage appraisal that is specific to your transaction, follows USPAP, and takes into account current market conditions. It's not unusual for the assessed value of a property to be much lower or higher than its appraised or sale value. Use the appraised value, not the assessment, when making a budget for a purchase or refinance. To start your loan process, go to amerisave.com.
Yes, it can, but it needs paperwork, not feelings. A reconsideration of value request asks the original appraiser to look over certain information that you think they missed or didn't give enough weight to. The appraiser may change the report if you can show closed sales of similar properties that were closer in terms of features and location and that support a higher value within 90 days. If you can show that the square footage or the bathroom wasn't counted, those changes can also change the value. You can't just say you disagree, point to the asking price, or mention AVMs. Appraisers follow USPAP and don't have to change their value unless there is evidence from the market that supports it. An ROV can be sent by your AmeriSave loan officer on your behalf. Check out amerisave.com for refinancing options.
Fannie Mae and Freddie Mac rules say that an appraisal is usually good for 12 months for both purchase and refinance transactions from the date it was done, as long as there haven't been any big changes in the market. Lenders, on the other hand, may set shorter validity periods, especially in markets that change quickly. FHA appraisals are good for 120 days from the date they were done, but they can be extended for up to 30 days under certain conditions. The VA's Notice of Value says that VA appraisals are usually good for six months. If your deal goes beyond these time frames, you will need a new appraisal or an update to your appraisal. For information about the validity of your appraisal, go to amerisave.com and talk to your AmeriSave loan officer.
Most mortgage deals need some kind of appraisal, but there are some that don't. Fannie Mae's Property Inspection Waiver (PIW) and Freddie Mac's Automated Collateral Evaluation (ACE) programs let some low-risk refinance and even some purchase transactions skip the usual appraisal and use their own data models instead. The automated underwriting system (AUS) gives out these waivers based on the property's history, the loan's terms, and the data that is available. Not all loans qualify, and the AUS must confirm that a waiver applies before you can assume it does. If your transaction qualifies for an appraisal waiver, it can save you $400 to $700 or more on closing costs. When you start your application at amerisave.com, ask if you qualify for an appraisal waiver.
It's not uncommon for factual mistakes to happen, and they are one of the best reasons to ask for a new value. If the appraiser made a mistake when measuring the square footage, used a different tax ID or parcel, listed the wrong number of bedrooms or bathrooms, or missed an improvement, make sure to write it down clearly. Give accurate measurements, public records, building permits, or any other source that can be checked that goes against what the report says. Send this to your lender as a ROV request. It is the lender's job to send it to the appraiser. The appraiser should fix the report if the mistake is real and important. Clerical mistakes don't always change the final value, but big mistakes in the facts can. Your AmeriSave loan team will help you with this. Get in touch with us at amerisave.com.
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