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2. The truth about no-appraisal home equity loans: What ... - AOL

   www.aol.com/finance/what-is-a-no-appraisal-home...

   Lenders will often use hybrid appraisals that blend both traditional and automated methods — such as desktop appraisals, drive-by-appraisals and AVMs — based on the loan's risk level, with ...

3. Refinance appraisal: How it works and what to expect - AOL

   www.aol.com/finance/refinance-appraisal-works...

   A refinance appraisal is often part of the underwriting process for getting a new mortgage to replace your current one. Your lender can order an appraisal to determine your home’s market value ...

4. Automated valuation model - Wikipedia

   en.wikipedia.org/wiki/Automated_valuation_model

   AVMs are increasingly used by mortgage lenders to determine what a property might be worth in order for them to lend against the valuation. The advantages of using AVMs over traditional appraisals are that they save time, money and resources (e.g. there are no transport requirements), thus lowering the cost of valuing a property.

5. Broker's price opinion - Wikipedia

   en.wikipedia.org/wiki/Broker's_price_opinion

   an addition or a cross-check to an appraisal; home equity loans [1] or a home equity line of credit [1] of less than $250,000 [citation needed] refinancing [4] appeal to cancel lender's mortgage insurance (LMI or PMI) [1] due diligence by financial institutions [1] asset evaluation and bookkeeping by financial institutions [1]

6. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   The ASC oversees the TAF. Banks make widespread use of mortgage loans and mortgage-backed securities, and would be unable to do so without appraisals. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) demanded all the states to develop systems for licensing and certifying real estate appraisers. [39]

7. Refinance appraisal: How it works and what to expect - AOL

   www.aol.com/finance/refinance-appraisal-works...

   A home with a low appraisal represents a higher risk for the lender because you could end up underwater on the new mortgage. If you get a low appraisal, there are a few things you can do. First ...