What Can I Expect During A Home Appraisal For A Refinance?

Author: Rob  //  Category: Q&A

We’re refinancing the 1st on our house and having an appraisal done. What happens during this process? Should I do something to prepare for it?

I Am Paying Pmi On My Mortgage. If My Home Value Reaches 20% In Less Than A Year Can I Refinance Out Of Pmi?

Author: Rob  //  Category: Q&A

I am a 1st time buyer / new home owner who hasn’t even made the first payment yet “Sept. 1st”. I have PMI on my mortgage that I would like to get rid of as soon as possible. Most lenders require a year or two as good payment history before you can drop PMI. I [...]

Refinance Home Loans and the Home Value Question

Author: Rob  //  Category: Articles

Lower refinance home loan rates are raising the volume of applications but, will a potential refinance boom be offset by uncertain home values? Estimates for the fallout of refinance loan applications range from 50% to 65%, due in part from low appraised home values.Borrowers with substantial home equity and good credit may be the primary [...]

Can You Use One Home Appraisal For Different Loan Companies To Refinance?

Author: Rob  //  Category: Q&A

We paid for a home appraisal for another lender and now we want to check our options. Can we use the same appraisal we already paid for with other lenders?

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