The lender will perform a desktop appraisal but they will typically have a short view on the value of the property to protect the company’s investment which means you will be coming out of pocket more.

I used QuickBooks, the desktop version since 2002, and updated it every few years as they add features.

They may use desktop underwriting, or they may use a full appraisal, depending upon the institution.

The desktop version can save you money but it cost more to sync with the bank and to allow multiple people to edit the books

In the app or does it have to be on a desktop?

@Rylan Weaver If you're on a desktop there's three dots at the top right of the comment and you can update it so that it no longer shows your phone number.

search unusual combinations of terms)Underwriter must make sound decisions on loans regarding the creditworthiness of borrowers while working closely with Retail MLO, and operations staff.Desired Skills, Experience, Or EducationOur ideal candidate will possess; Minimum of 4 years’ current conventional and government underwriting experience in a wholesale or retail environmentDE / SARS / LAPP designation preferredCurrent knowledge of RESPA and MDIA regulationsStrong knowledge in “A” Paper, FNMA/FHLM; FHA/VA programs beneficialProficiency with MS Excel, MS Word, Desktop Underwriter, Loan Prospector, and Calyx Point.2 years AUS experience.Working knowledge of “Empower” is a plusDemonstrate high volume productivity.Must be detail oriented, organized and work efficiently under pressure.Excellent written and oral communication skills.Strong organizational and analytical skills.Demonstrate an OUTSTANDING level of customer service skills.Work independently and be “self-motivated”.Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia.

Some want a full appraisal, some will use desktop underwriting. 

SCCU didn't want to do an appraisal at all, only planned on using desktop underwriting (an automated valuation method) and would not do a full appraisal, even when I offered to pay for one. 

Make life easy to compare from last year, monthly, cash flow, and ROI's.QuickBooks Desktop cost appx 185 and upgrade it every three years.