Appraisals for Lenders
We work directly with lenders and financial institutions to provide them with accurate property valuations for loan processing.
Lenders from New Mexico and from out of state, as well as registered Appraisal Management Companies (AMC), use Equity 1st Appraisals.
Contact us today to learn how we can help you.
Why lenders choose Equity 1st Appraisals
Lenders and AMCs trust the accuracy of appraisals from Equity 1st Appraisals, and appreciate the ease of working with us. We value our lender partners, and provide the highest level of service for all of your appraisal needs.
Equity 1st Appraisals works with New Mexico lenders, lenders from other states, and registered Appraisal Management Companies.
1. 1st and 2nd Mortgage Appraisals
Mortgage appraisals are generally the most common type of appraisal we provide. Providing an accurate valuation for loan on a property is obviously important for the lender. But it is also crucial for the family who is purchasing the home of their dreams or even the investor whose analysis relies on the accuracy of their appraisal. Accuracy is our top priority.
2. Refinancing Valuations
Are your clients interested in refinancing? We take the same care with your refinancing appraisals as we do for your mortgage appraisal. Market conditions change, so even if your borrower wants to refinance for a lower rate or to switch from an ARM to a conventional mortgage, we thoroughly research the market and the current condition of their property. If your client wants a cash out refinance, your appraisal from Equity 1st Appraisals will ensure they are borrowing within the limits of their property value.
3. Home Equity Lines of Credit
A home equity line of credit (HELOC) appraisal is no different than a mortgage appraisal. Your appraisal from Equity 1st Appraisals will ensure that the home equity line of credit is based on the accurate value of your client’s property.
4. Valuation for Portfolio of Loans
Many lenders have a portfolio of loans. The value of the properties in the portfolio changes over time, and Equity 1st Appraisals works with lenders to provide a worth to part of or the entire portfolio of loans.
5. Experienced with FNMA, FHLMC, and FHA
Lenders need an appraiser who has experience working with more than just portfolio lenders. Equity 1st Appraisals is experienced working with Federal National Mortgage Association (FNMA or Fannie Mae), Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac), and Federal Housing Administration (FHA). Experience matters.
6. Alternative Product and Services Available
You may need more than traditional appraisal services from an appraiser. Our expertise may be helpful in a number of ways. If you have any questions, please contact us to learn how we can serve your needs.
Process for getting an Appraisal from Equity 1st Appraisals
Step 1. Contact Equity 1st Appraisals, and let us know why you need an appraisal as well as some details about the property
Step 2. We will be in touch with a quote for your appraisal, and schedule a time to visit the property.
Step 3. We will spend time in and around your property taking pictures, measurements, and notes. Please visit our How to Prepare for Appraisal page before our scheduled appointment.
Step 4. Most of the work is done when we get back to the office as we compile our notes and do extensive research on the property and the immediate market.
Step 5. We will send you an appraisal report that shows the value of your home, and explains in detail how we arrived at that value.
The entire process takes approximately 5 to 7 days. However, we can accommodate urgent requests if you need your appraisal completed quickly.
We look forward to working with you!
How we can help
Equity 1st Appraisals provides real estate appraisal services homeowners, lenders, and any other party who may need an appraisal.
Based out in Albuquerque and serving Bernalilo, Valencia, Sandoval, and Santa Fe Counties, we are market experts to provide an accurate valuation for your needs.
We are Residential Certified Appraisers for New Mexico, which licenses us to appraise residential properties.
We look forward to hearing from you to learn how we can help!
Equity 1st Appraisals
Certified Residential Appraiser
Call us at 505-280-9434 or use the button below to request and appraisal.
How to contact us
We would love to talk to you to learn how we can help with your real estate appraisal needs.
You can reach us by email at [email protected].
Or you can call us at 505-280-9434.
We look forward to hearing from you!
Equity 1st Appraisals, LLC
Residential Certified Appraiser