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What Is A Mortgage Valuation And How Do I Get One?

mortgage valuation

A mortgage valuation, or ‘valuation survey’ determines the market value of a property. They are for the benefit of the mortgage lender, not you. When you apply for a mortgage, your lender will commission a mortgage valuation to help them calculate the loan-to-value (LTV) ratio, i.e., the amount you want to borrow in relation to the […]