Mortgage Lending Value (MLV) Ties Together Valuation Engineering, Prescriptive Analytics, and Value Engineering
It is often beneficial to look at how other countries handle appraisal. Several countries in Europe, particularly Germany, require that appraisers provide a “Mortgage Lending Value” (MLV) as part of the appraisal for home loans. This goes beyond the American appraisal process of simply providing a Market Value. RICS advises, though it does not require, […]