New Programs Allow Appraisal Waivers on Home Refinances

Updated January 2020


If you have a Fannie Mae, Freddie Mac, FHA, VA or USDA loan, you could be eligible for an appraisal waiver when refinancing your home. With home equity near all-time highs, the mortgage lenders have become more lenient in regards to appraisal requirements. This benefit will save you upwards of 500 dollars in out-of-pocket costs and allow you to refinance your home loan faster. 

How Do Appraisal Waivers Work?

Appraisal waivers allow the lender to refinance your loan without having to complete an appraisal report on your property. This can save you time and money. Most government backed mortgages will qualify for appraisal waivers. Conventional financing can also qualify for an appraisal waiver. The best thing you can do is use the Eligibility Checker to find out if your property qualifies for an appraisal waiver. 

How Do I Find Out If I’m Eligible For An Appraisal Waiver?

To check your eligibility instantly, we built an Eligibility Checker to find out if your home is eligible for an appraisal waiver. Some properties will qualify for appraisal waivers for multiple loan products so we may need to contact you to discuss the differences.

Appraisal Waiver Eligibility Checker

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Save Money By Getting An Appraisal Waiver.

Appraisals are expensive and are almost always paid for out of pocket. Appraisals typically cost 500+ dollars out-of-pocket. Use our Eligibility Checker to see if your property qualifies.

Refinance Faster!

When a refinance doesn’t need an appraisal, it can close in as little as 10 days. Without the need for an appraisal, you won’t have to worry about scheduling with the appraiser, working around his schedule, and then waiting days to receive the results. Use our Eligibility Checker to see if your property qualifies.

Appraisal Waiver Eligibility Checker

See What Our Clients Have To Say…

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Jennifer W.

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I was very pleased with the whole home mortgage experience working with this team. From the beginning it was clear that they were working in my best interest and to help us save on all the costs associated with closing a home loan. They helped us choose us the best interest rate possible when weighed against the fees and credits from the lenders. Highly recommend this company!

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I have to tell you how amazing it was to work with this team of professionals. They were always there for us and helped us get back to where we belong, owning a home!! We appreciate their knowledge, attention to detail, professionalism, and impeccable communication. You will never be misguided. We had an amazing experience with them and highly recommend them in a heartbeat. 

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Appraisal Waiver Eligibility Checker


*The Product/Program information contained here is educational only and not a commitment to Lend all Loans have to be reviewed By a licensed underwriter, Rates and available loan programs are subject to change without notice.  Eligible Products – Purchase in Arizona Other conditions and restrictions may apply.

Home Pad Lending LLC is a licensed Mortgage Broker in the state of Arizona. NMLS 1857677 AZ MB-1001528. This is not a commitment to lend. All loans subject to credit approval. Guidelines subject to change without prior notice. This information is provided to assist business professionals only and is not an advertisement extended to the consumer as defined by Section 226.2 Regulation Z.-EOE. Equal Housing Lender.
3233 E Chandler Blvd, Ste 9, Phoenix, AZ 85048 Main: 480-536-7770

Contact your loan officer for more information.