Hiya
An upfront valuation means a valuation can be carried out on your property before an application is lodged.
That way, the borrower will know how much equity is available to them before proceeding with the application.
If the valuation comes back lower than expected - then you don't proceed with the application and save your credit file a hit.
Cheers
Jamie
An upfront valuation means a valuation can be carried out on your property before an application is lodged.
That way, the borrower will know how much equity is available to them before proceeding with the application.
If the valuation comes back lower than expected - then you don't proceed with the application and save your credit file a hit.
Cheers
Jamie