Did you know that not all lenders honor appraisal waivers? Appraisal waivers mean that automated underwriting accepts the value or purchase price and no appraisal will be required as part of the loan process. This allows for faster closings, stronger offers, and saves money! We typically see appraisal waivers when the borrower is putting 20% or more down and has ample reserves and strong credit. Call us today for more information.