The Equity National Appraisal Warranty protects the Lender against a financial loss, whether through default or foreclosure, which is the direct and primary result of an inaccurate valuation of a property. Appraisal analysis by a reputable company can determine whether the inaccurate information is due to material misrepresentation or material appraisal defect by Equity National/Secure Collateral. Additionally, if a qualified warranted appraisal should fail to comply in material respect to the Uniform Standards of Professional Appraisal Practice and/or FNMA, FHLMC, FHA Appraisal Standards existing on the effective date of the appraisal. Should the Lender sustain an out-of-pocket financial loss through default or foreclosure as a direct result, Equity National/Secure Collateral will pay the loss subject to the terms and conditions set forth in the details of the Appraisal Warranty.

Equity National provides a five-year warranty on the quality and accuracy of our residential appraisals (for 1- to 4-family properties with values up to $750,000). True to our nature as a settlement services industry innovator, and to provide more extensive coverage for you, we have negotiated additional appraisal warranty programs. These solutions will be underwritten by A-rated domestic insurance underwriters and/or international insurance syndicates.