An Appraisal is an estimate of a property's fair market value. It's a document generally required (depending on the loan program) by a lender before loan approval to ensure that the mortgage loan amount is not more than the value of the property. The Appraisal is performed by an "Appraiser" typically a state-licensed professional who is trained to render expert opinions concerning property values, its location, amenities, and physical conditions.
BBMC Mortgage, a Division of Bridgeview Bank Group, doing business as LenderCity®
Company NMLS: 484683
17813 Edison Ave., Suite 201
Chesterfield, Missouri 63005
Phone: 888.880.CITY (2489)