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CompassBlog

Month: April 2015

What’s the Difference Between an FHA and Conventional Appraisal?

Posted on April 7, 2015March 25, 2019 by Laine Smith

In all cases in which a mortgage loan is used to purchase a home, your lender will require an appraisal of the home. Appraisals are used by lenders to determine a property’s value to protect their and their homebuyer’s investment. Home appraisals come in different varieties based on the type of financing used for the…

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