Residential Mortgage Appraisals

Lender-Approved Valuations

Residential Mortgage Appraisals

Whether you are financing, refinancing, accessing equity, or working through lender conditions, you need a valuation that is accurate, neutral, and built for underwriting.

First Mortgages & Refinances
Private Lending Valuations
HELOC Qualification
Equity Take Outs

Our reports are clear, defensible, and structured to help clients move through the mortgage process with confidence across the GTA.

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High-end residential property in the GTA

OVERVIEW

A mortgage appraisal is one of the most important steps in any financing or refinancing transaction. Lenders, brokers, homeowners, and investors all rely on valuations that make sense, line up with real market behavior, and stand up to underwriting review.

Since 2010, residential mortgage work has been a core service at Advanced Appraisals. Our reporting is known for consistent comparable selection, clear methodology, and conclusions supported by actual market evidence.

Everything we deliver is built on experience, independence, and accurate analysis of the local market.

Who We Serve Homeowners, lenders, mortgage brokers, law firms, and investors across the GTA and surrounding areas.

Our Expertise Over a decade of residential mortgage appraisal experience with consistent and reliable reporting.

Our Commitment Independent, evidence-based valuations aligned with real market behavior.

WHY THIS SERVICE MATTERS

Financing depends on clarity. Lenders base decisions on risk, market conditions, and the quality of the valuation in front of them. A strong mortgage appraisal helps:

• Confirm market value for financing
• Support refinance, renewal, or restructuring decisions
• Provide clarity for private lenders and MICs
• Speed up underwriting approval timelines
• Reduce unnecessary back and forth
• Anchor HELOC qualification
• Support equity take outs for renovations, investments, or planning

Every report includes market data, comparable grids, commentary, photos, and an independently prepared estimate of value.

WHAT WE PROVIDE

Our mortgage appraisal services include:

✔ First mortgages

✔ Second & third mortgages

✔ Refinances & renewals

✔ HELOC qualification

✔ Equity take outs

✔ Private lending

✔ Purchase financing

✔ Bridge financing

✔ New to Canada financing

✔ Fast closing lender conditions

✔ Appraisal reviews & rebuttals

OUR APPROACH

Independent, Standards Compliant Valuation

Our work remains fully independent. Reports follow professional standards and are not influenced by lender pressure.

Comprehensive Market Research

We analyze comparable sales, listings, neighbourhood trends, recent activity, economic conditions, and property specific factors.

Clear, Defensible Reporting

Underwriters depend on logic. We provide clear commentary, adjustment rationale, and market supported conclusions.

Local Expertise Across the GTA and Surrounding Areas

We understand how value behaves in luxury neighbourhoods, suburban areas, infill corridors, older communities, and new subdivisions.

Reliable Turnaround Times

Financing timelines can be tight. We offer standard and rush turnaround options depending on file load.

PROPERTY TYPES COVERED

We provide mortgage appraisals for a wide range of property categories

Detached, semi-detached, and townhomes

Condominiums and stacked townhomes

Luxury homes and estate properties

Custom built homes

New construction

Two to four unit residential income properties

Rural residential properties

Homes with unique layouts or extensive renovations

Properties requiring interior, exterior, or retrospective review

BENEFITS (WHY LENDERS TRUST OUR WORK)

Lenders, mortgage brokers, and private lenders across the GTA and surrounding areas rely on our valuations because they are:

Clear in comparable selection

Transparent in adjustment logic

Strong in market commentary

Independent and unbiased

Easy to interpret for underwriting

Supported by data and evidence

Reliable for both simple and complex properties

WHAT CLIENTS RECEIVE

Every residential mortgage appraisal includes:

✔ Full interior and exterior inspection

✔ Comparable sales grid with clear commentary

✔ Market and neighbourhood analysis

✔ Photos, mapping, and site details

✔ Adjustment explanations for transparency

✔ Final estimate of market value

✔ Optional lender friendly summary

COMMON FINANCING SCENARIOS

Situations where accurate property valuation is essential

Refinance

Used for debt consolidation, renewal, updating rates, or restructuring.

Purchase Financing

Confirms that the accepted purchase price aligns with market value.

Equity Take Out

Unlocks equity for renovations, investments, or financial planning.

Private Lending

Private lenders rely heavily on accurate, well supported security values.

HELOC Qualification

Updated valuations help determine maximum available credit.

Completion and Draw Stages

For new construction and major renovations where lenders require progress verification.

SERVICE AREAS

We provide residential mortgage appraisals across the GTA and surrounding areas including:

Mississauga

Brampton

Oakville

Burlington

Milton

Halton Hills

Toronto

Vaughan

Richmond Hill

Markham

Pickering

Ajax

Whitby

Oshawa

Hamilton

Ancaster

Stoney Creek

Grimsby

Niagara Region

Barrie

Innisfil

Bradford

New Tecumseth

Nearby Communities

How long does a residential mortgage appraisal take?

Most files are completed within two to three business days. Rush options are available depending on workload.

Do you need to inspect the home?

Yes, lenders almost always require a full interior and exterior inspection unless the lender specifies a drive-by or desktop format.

What documents do I need to provide?

Usually none. If renovations, permits, or leases influence value, we may request documentation.

What if my purchase price is higher than the appraised value?

Lenders base financing on the lower of purchase price or appraised value. We explain the rationale clearly so you understand next steps.

Can I use the same appraisal for multiple lenders?

Some lenders accept borrower ordered reports. Others require lender direct ordering. Your broker can confirm.

Do renovations increase value?

It depends on the market and the quality of work. We comment directly on how improvements influence value.

Residential Mortgage Appraisals