The appraisal has long been one of the slowest steps in a mortgage. Remote and desktop appraisals are changing that — speeding up valuations while keeping them accurate.
What is a remote appraisal?
Instead of a full in-person inspection, appraisers can use property data, public records, and sometimes photos provided by the borrower or a third party to value a home from their desk. For eligible loans, this can shave days off your timeline.
Pros and when they’re used
Remote appraisals are faster and often cheaper, and they’re commonly approved on lower-risk loans with strong equity or down payments. Higher-risk or unique properties may still require a traditional appraisal.
We’ll tell you upfront which appraisal type your loan is likely to use so there are no surprises.
Ready to take the next step?
Talk to a licensed Florida mortgage broker or start your application today.