- Your qualifications as a Borrower and
- The qualifications of the Property
If purchasing a home, plan on putting down 20% to receive an Appraisal Waiver as that is the minimum down payment to receive an Appraisal Waiver and if you’re Refinancing, you’ll want to have at least 20% equity in your home at time of closing.
Ultimately, there is no guaranteed way to obtain an Appraisal Waiver other than working with your Loan Officer directly to find out what your exact options are.
