Navigating Low Mortgage Valuations: How to Challenge and Dispute
Securing a mortgage is a significant step in the home-buying process, but it can hit a snag if the lender’s valuation of the property comes in lower than expected. This undervaluation can impact your loan-to-value ratio, potentially affecting the interest rates offered or even the loan’s approval. Fortunately, there are steps you can take to challenge a low mortgage valuation. Here, we explore the options available to those looking to dispute an undervalued mortgage security assessment, with a focus on