Reconsideration of Value Request Form Logo
  • Reconsideration of Value

    Request Form
  • If you would like to raise any concerns about the property appraisal performed during the application process, please provide the details which support your basis for this Reconsideration of Value (ROV) request. If the form provides insufficient space, feel free to include additional information in your email or a separate word document. The more information you provide, the better we will be able to address your concerns. Should you have any questions about how to complete the form, contact appraisaldesk@Mortgageprohl.com or call you Loan Officer

    Once the form is complete, please email the form and any supporting documentation to: appraisaldesk@Mortgageprohl.com

  • Purpose of Reconsideration of Value

  • General Guidelines of Acceptable Comparable Sales:

    • Comparable sales must be for a closed purchase. Current listing or contingent sales cannot be considered
    • The closed date of the comparable sale must be no more than 12 months prior to the effective date on your appraisal and cannot be after the effective date on your appraisal.
    • The comparable sale should be proximate to your home. While proximity may vary based on the rural or urban location of your home, keep in mind that the closer (and more similar in characteristics) the comparable, the more likely it will be considered appropriate and acceptable. If you live in a subdivision, condominium project, or PUD, recent sales in your development of similar homes are the most persuasive.
    • Comparable sales should have similar characteristics including the style of the home, size of the lot, gross living area, room/bedroom/bathroom count, age, condition, and quality of construction but they need not be identical.
  • Contact Information

  • Appraisal Information

  • ROV Request Reason Summary

  • Thank you for Completing the Reconsideration of Value (ROV) form, please email the completed form and any supporting documentation to: Appraisaldesk@Mortgageprohl.com, or simply press the submt button below.

    We will connect with you soon!

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