Approved appraisers assess the value of real estate or other property that you wish to purchase on credit or pledge to Equitable Bank for financing.
If you plan to apply for such a loan, you can contact one of the bank's appraisers.
Their contacts can be found on Equitable Bank's website in the section Resources - Approved Appraisers.
Equitable Bank maintains a comprehensive list of approved appraisers across Canada to facilitate accurate property valuations for mortgage applications. This ensures consistency and reliability in the appraisal process for both residential and alternative mortgage products.
Accessing the Approved Appraisers List
The complete list of Equitable Bank's approved appraisers is available on their official website. To find an appraiser in your region, visit the Approved Appraisers section. Here, you can select your province and city to view contact details for qualified appraisers.
Using the Appraisers List for Mortgage Applications
When applying for a mortgage with Equitable Bank, it is essential to use an appraiser from their approved list. This ensures that the property valuation meets the bank's standards and facilitates a smoother approval process. For alternative and reverse mortgages, appraisals can be ordered directly through the approved appraisers or via Value Connect Inc. Additionally, appraisals from appraisal management companies such as FNF Canada, Solidifi, and NAS are accepted for reverse mortgages.
Additional Resources
- Value Connect Inc.: A platform that connects borrowers with approved appraisers across Canada. Visit their website to access the list and order appraisals online.
- FCT Valuation Solutions: Offers valuation services and provides estimates of market rents for properties, which can be useful for certain mortgage applications.
By utilizing the approved appraisers list, borrowers can ensure compliance with Equitable Bank's requirements and expedite the mortgage approval process.