Do I have to get a home appraisal in order to get a home loan?
Yes, we will schedule the appraisal as part of reviewing your home loan application and you will receive a copy of the appraisal at closing. All lenders require a home appraisal before they will approve a home loan, because an appraisal gives us a trained professional’s point of view on the fair market value of the home to make sure it’s in-line with the purchase price.
Trailhead Credit Union is a Portland-based, member-owned financial institution serving people who live or work in Multnomah County. We offer secure mobile banking, competitive checking accounts, and personalized support from a local team. Learn more about becoming a member here.