---
title: Do reverse mortgages require an appraisal?
description: "Yes, a [reverse mortgage](https://reversemortgageresourcecenter.com/reverse-mortgage/) does require an appraisal. Sometimes a 2nd appraisal is ordered for a property. An appraisal determines the home's value and homeowner equity, which helps determine the max loan amount for the reverse mortgage. The appraisal must…"
url: "https://reversemortgageresourcecenter.com/faqs/do-reverse-mortgages-require-an-appraisal/"
updated: "2023-02-23"
category: Reverse Mortgage
---

# Do reverse mortgages require an appraisal?

Yes, a [reverse mortgage](https://reversemortgageresourcecenter.com/reverse-mortgage/) does require an appraisal. Sometimes a 2nd appraisal is ordered for a property. An appraisal determines the home's value and homeowner equity, which helps determine the max loan amount for the reverse mortgage. The appraisal must be completed by a qualified appraiser ordered by the lender.

[FAQ Do reverse mortgages require an appraisal? | Reverse Mortgage Resource Center](https://www.youtube.com/embed/GMkq__AawdQ?list=PLIXdz9DLAFTC05MDPc_5QjKBB13v61zWS)

[![Do reverse mortgages require an appraisal?](https://reversemortgageresourcecenter.com/wp-content/uploads/2023/02/Do-reverse-mortgages-require-an-appraisal.jpg)](https://reversemortgageresourcecenter.com/wp-content/uploads/2023/02/Do-reverse-mortgages-require-an-appraisal.jpg)