Residential Appraisals for Private Lenders and Credit Unions

A lender needs more than a value conclusion. It needs to understand how the property and market evidence support that conclusion. For residential mortgage loans not intended for secondary-market sale, Action Appraisal provides an independent written appraisal your team can review as it evaluates the collateral.

Analysis your review team can follow

Two homes on the same Austin street may not be good substitutes if one has been substantially renovated and the other still needs work. For a residence with acreage in Burnet County, access, utilities and site characteristics may narrow the pool of useful sales. The closest sale, or an automated estimate that misses those differences, may not explain the collateral well.

That is where Tom's experience matters. He evaluates the property and the sales that provide the most meaningful evidence of value. His report explains why those sales were selected and how their differences bear on the conclusion, so your reviewers can follow the reasoning rather than receive an unexplained number. The appraisal supports collateral review; the lending decision remains yours.

Speak with the appraiser who performed the analysis

If your review team has a question about the property, a selected sale or the reasoning in the report, it can speak with the appraiser who performed the analysis. Tom handles the appraisal work he accepts while respecting your institution's communication requirements.

Work within your ordering process

Your institution controls how appraisals are ordered and reviewed. If an appraisal department, approved vendor list or appraisal management company must initiate the order, that process should be followed. Tom can discuss whether the property and appraisal need fit his residential practice before an order is placed.