Mortgage Survey
What is a mortgage survey? The mortgage survey aims to satisfy the lender with valuable information, determining the value of the property. Often the survey is cutting out a piece of property from a larger one so that only that portion is financed.
A mortgage location survey is different from a boundary survey and is not used for construction or for boundary determinations. A mortgage location survey is usually requested by your mortgage lender or title insurance company and is intended to provide proof that certain improvements are located on the property as described in the legal description. These surveys identify the major buildings on your property such as the house, garage, and sheds or other structures, as well as whether your property encroaches on any neighboring properties or easements. Likewise, these surveys determine whether any neighboring properties encroach on your property.
An example would be not using 100 acres for financing and instead cutting out 5 acres for a mortgage to build a home or refinance one. The mortgage survey could be provided to a lender to only provide leverage against that smaller portion of property vs. the entire 100 acres. In defining a smaller portion of land, you can utilize the remainder without having to tie the property up long term. Most large tract owners would have a mortgage survey performed of the small amount of property surrounding their home to separate from the larger tract.
Reach Out Today
Before you take the plunge and start construction on a new home or add in a new building, addition, or even a fence to your property, get in touch with Polysurveying to ensure everything is up to date and accurate about your boundaries and the extent of your land. Don’t leave room for any surprises.
Our team is highly trained with a wealth of collective experience between them. We stay on top of updates and technology in our industry, and you’ll be hard-pressed to find any land surveyors in Mississippi better suited to help. We’ll take some worry off your plate and make building or defining your property lines a breeze - all without the old invasive methods of the past.
Let Polysurveying be your trusted partner during your next build or mapping job. Even though we’re based in Mobile, Alabama, we’re thrilled to serve residents of multiple Mississippi counties and cities.
We also offer free estimates, so you’re not going in blind and worried about hidden costs. If you’re in one of our Mississippi service areas, don’t hesitate to get in touch for a free quote. Use our Contact Form or give us a call. We’ll get you prepared to buy, sell, build, or just peacefully enjoy your land knowing it’s properly laid out.
Talk to us about what you hope to accomplish, ask about payment options, and let us know what’s on your mind. Polysurveying is here for all your site surveying and boundary surveying needs in Hancock, Harrison, and Jackson Counties! We pride ourselves on our customer service just as much as our surveying ability, and we look forward to hearing from you soon.
Get a Free Quote
Here at Polysurveying, we’re equipped to handle all your land surveying jobs and projects in Alabama, Florida, and Mississippi. We provide free quotes to anyone looking for land surveying services.
Corporate Office
5588 Jackson Rd
Mobile, AL 36619
(251) 666-2010
Alabama Field Offices
Daphne: (251) 626-0905
Montgomery: (334) 245-5721
Florida Field Offices
Pensacola: (850) 696-1661
Defuniak Springs: (850) 790-0045
Tallahassee: (448) 488-0585
Jacksonville: (904) 312-7095
Mississippi Field Offices
Ocean Springs: (228) 215-8749
HOURS
Mon 8AM - 5PM
Tue 8AM - 5PM
Wed 8AM - 5PM
Thur 8AM - 5PM
Fri 8AM- 4PM
Disclaimer: All survey work performed by field divisions is in responsible charge at direction of the Corporate office. All research, assignment, coordination, drafting, billing and review are completed out of the Corporate office.