Private Mortgage Appraisal
Independent written property valuations for private lending and financing arrangements.
What is a private mortgage appraisal?
Private lending arrangements often require an independent written property valuation to support the lending decision. A private mortgage appraisal provides a documented opinion of the property’s fair market value, prepared by a qualified designated appraiser.
Unlike institutional lending, private lending terms and appraisal requirements may vary between lenders. If you are a private lender or borrower, contact us to discuss your specific appraisal requirements.
Appraisal reports are prepared by qualified designated appraisers in accordance with applicable professional standards.
Who this service is for
- Private lenders and mortgage investors
- Borrowers arranging private financing
- Mortgage brokers working with private lenders
- Individuals requiring valuations for financing purposes
Private lending vs. institutional lending
Private mortgage arrangements often move faster and have more flexible terms than institutional bank lending, but the appraisal still plays the same core role: confirming the property's fair market value to support the amount being lent against it.
Second mortgages & equity financing
When a homeowner is borrowing against existing equity, whether through a second mortgage or a private refinance, a current appraisal confirms the property supports the requested loan amount.
Bridge and short-term financing
Private bridge loans and short-term financing arrangements also typically rely on a current, independent appraisal to document value quickly and support lending decisions.
Who orders this appraisal
- Private lenders and mortgage investors
- Borrowers arranging private financing
- Mortgage brokers working with private lenders
- Individuals requiring valuations for refinancing or equity take-out
Private lending terms and appraisal requirements vary between lenders. If you are a private lender or borrower, contact us to confirm the specific requirements for your situation.
How it works
Contact us
Reach out by phone or email to discuss your appraisal needs.
Property inspection
A qualified appraiser conducts a thorough on-site inspection of the property, interior and exterior.
Written report
You receive a written appraisal report prepared by a qualified designated appraiser.
Request a private mortgage appraisal
Contact us to discuss your appraisal needs across Oakville and surrounding communities.
Frequently asked questions
Do private lenders require a different appraisal than banks?
Private lending terms and appraisal requirements vary between lenders and are typically less standardized than institutional bank lending. Some private lenders have specific report formats or turnaround expectations, which is worth confirming before the appraisal is ordered.
Who orders the appraisal for a private mortgage?
Either the borrower, the private lender, or a mortgage broker facilitating the loan may order the appraisal, depending on the arrangement between the parties. The report documents an independent opinion of the property's fair market value to support the lending decision.
What does a private mortgage appraisal report include?
A private mortgage appraisal includes a full interior and exterior inspection, a comparable sales analysis, and a written opinion of the property's fair market value, prepared by a qualified designated appraiser.
Is a private mortgage appraisal needed for second mortgages and refinancing?
Yes. Second mortgages, refinancing, and equity-based private financing typically require a current, independent appraisal to confirm the property's fair market value and support the amount being lent against it.
Other appraisal services
Areas we serve
We provide this service across Oakville and surrounding communities.
Oakville, ON L6J 7L7