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logo
  • Home
  • Home Purchase
  • Refinance
  • Resources
  • Loan Programs
  • Loan Process
  • Mortgage Basics
  • Mortgage Calculators
  • Online Forms
  • FAQ
  • About
  • Blog
  • Videos
  • Testimonials
  • Contact
  • Apply Now
  • Team Members
  • 952-544-1706

Can Another Mortgage Company be Used After the Completed Appraisal?

Yes. In most cases you will not have to pay for another appraisal if you change your mortgage company, and depending on the loan program typed, the first lender can transfer it to the new lender. Some appraisal firms may charge a small fee because additional clerical work is required to reflect the new mortgage company; this is called an "Appraisal Retype Fee". The original mortgage company has the right to refuse to transfer the appraisal to another lender. In this case, a new appraisal is needed.

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About Us

Expertise and mastery in providing purchase and refinance mortgages for residential property. Satori Mortgage offers wholesale pricing which, provides a lower overall total cost than bank or retail offerings. Additionally, our product portfolio is strengthened by an array of nationwide mortgage lenders. This allows our loan officers to provide each borrower with more solutions.

Company NMLS: 4190
www.nmlsconsumeraccess.org

Contact Us

2808 W Broadway Ave
Minneapolis, MN 55411
Phone: 952-544-1706
info@satorimortgage.com

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