Free Appraisal Terms & Conditions

Limit 1 per customer. Only for DSCR long term rental loans, bridge, and fix & flip loans on residential property (1-4 units). Only available in states Trulo Mortgage, LLC is authorized to originate business purpose loans. Property and borrower must meet all qualification criteria for financing to be eligible. Before appraisal is ordered and paid for by Trulo, loan must be conditionally approved by underwriting with all borrower conditions satisfied. Trulo will cover up to $750 for appraisal cost. In the very rare instance it costs more, borrower will cover the difference. If mortgage guidelines require more than one appraisal, borrower must pay for second appraisal. Appraisal is non-transferrable. Subject property must have rental comparables to support a DSCR ratio of 1.0+ (if long term financing), and sales comparables to support a value above the loan program's minimum appraised value, before the appraisal is ordered. Offer is only for borrowers who have not gone through Trulo Mortgage, LLC for a loan, borrower must provide all preliminary documents for a full file (requested by loan agent) in order to submit. Offer does not apply to reinspection costs, if required. Terms and conditions are subject to change without notice. All loans are subject to credit approval.