After all the principal and interest of the individual housing mortgage loan are paid off, the loan will be renewed immediately. Is it necessary to redo the evaluation report?
Hello, of course, you need to reissue the appraisal report. The evaluation report is valid for three months. After that, you need to reissue it. Your house price has been changing. The house price you borrowed at the beginning can be lower than now, and the evaluation value is also lower. Similarly, if you have less money, the bank will ask you to issue a new report. In addition, if you spend a few hundred dollars more, you can bring tens of thousands more. Please contact me if you have any questions.