Overview
Most mortgage applications require only one appraisal.
However, lenders sometimes request a second appraisal to confirm the value, reduce risk or clarify inconsistencies in the first report. This does not always indicate a problem. In many cases, it is a standard risk management step.
This guide explains when lenders request a second appraisal, why it happens and how it affects your mortgage process.
A second appraisal can change timelines, influence loan amounts and impact conditions on the approval.
It can also signal that the lender needs more clarity before funding. Understanding the reasons helps you stay prepared and interpret the request correctly.
When Lenders Request a Second Appraisal
Lenders typically ask for a second appraisal when one or more of the following situations apply.
- It May Extend the Timeline
A second appraisal requires a new inspection, new analysis and new lender review.
This can add a few days depending on availability.
- The Lender Uses the Lower of the Two Values
In most cases, lenders rely on the lower value to manage risk.
This affects loan to value ratios and borrowing power.
- Conditions May Change
The lender may:
• Adjust the loan amount
• Require additional documentation
• Request repairs or clarification
• Change mortgage products available
- Rarely, the Second Appraisal Confirms the First
If both appraisals align, the lender can proceed with confidence.
This is the ideal outcome.
How to Prepare if a Second Appraisal Is Ordered
- Ensure full access to the home
Make every room, mechanical area and exterior space accessible.
- Provide documentation for upgrades
Have invoices, permits and timelines ready.
- Clarify any issues from the first appraisal
If the first report had errors or missing details, correct them early.
- Prepare rental information if applicable
If the property has income components, provide rental data before the inspection.
- Communicate with your mortgage professional
They can help coordinate timelines and set expectations.
Does a second appraisal mean the first one was wrong?
Not necessarily. It may simply be a risk management step.
Can I choose the second appraiser?
No. The lender or insurer assigns the appraiser to maintain independence.
Can the second appraisal come in higher?
Yes, but lenders typically use the lower value unless strong evidence supports the higher one.
Will this delay my mortgage approval?
There may be a short delay depending on availability and lender processing times.
If your lender has requested a second appraisal and you want clarity on what it means for your approval, we are here to help you understand the process and next steps.
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