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DartAppraisal.com Launches Custom Appraisal Warranty Protection

Offering supplementary insurance for financial risk mitigation, ""DartAppraisal.com's"":http://dartappraisal.com/ newly introduced DartAssurance custom appraisal warranty provides mortgage lenders, investors, banks, and credit unions with an extra layer of protection against potential loss from default and foreclosure.


""Our custom warranty is designed to help lenders underwrite collateral with confidence,"" said Darton Case, president of Troy, Michigan-based DartAppraisal.com, a national provider of residential real estate appraisals. ""We believe that our product will help stimulate the much needed private investors back into the mortgage market.""

Thanks to a partnership with a highly rated insurance company, the DartAssurance warranty coverage includes up to $100,000 in the case of loss due to inaccurate valuation, complementing DartAppraisal.com's $5 million errors and omissions insurance coverage.

The fees range from $20 to $30 per appraisal, and the warranty is good for five years from the date of service and is fully transferable. Other specifications include loan amounts up to $750,000, an LTV/CLTV of no more than 100 percent, and a credit score of 620 or higher for the loan borrowers.

About Author: Haley Owens


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