The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Infographic titled "Appraisal Risks in Refinancing" showing four people discussing refinancing. It highlights appraisal risk factors, mitigation strategies, and alternatives like HELOCs and second mortgages, using a clean layout with navy text on a beige background.

Worried About a Low Appraisal? Here’s What You Need to Know Before Refinancing

By Scott Sheldon / May 28, 2025

In the current real estate market, homeowners considering refinancing are increasingly concerned about the implications of home appraisals. Appraisals play a crucial role in determining a property’s value, directly influencing loan-to-value (LTV) ratios and, consequently, the terms and approval of refinancing applications. Understanding the nuances of appraisal risks is essential for homeowners aiming to make…

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