I’m quite frustrated at the process involved with trying to get a home equity loan. Last week an appraiser did a drive-by appraisal and the value came back just fine. NOW, they’re requesting a second appraisal, this time a walk thru…. is this legit? Do I have to submit to this? Is this common?
Posts Tagged ‘Can’
Can A Bank Require You To Have Two Appraisals When Applying For A Home Equity Loan?
Sunday, June 28th, 2009Can I Refinance My Mortgage With No Closing Costs If I Owe More Than It Is Worth?
Sunday, June 28th, 2009I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. My mortgage is through SunTrust and (unfortunately) I have never been late with payments and am not in any financial distress. The main problem is that because of the current market, I owe more than what it is worth.
Is this possible without bringing any money to the table for closing?
Can I Refinance My Mortgage With No Closing Costs If I Owe More Than It Is Worth?
Saturday, June 27th, 2009I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. My mortgage is through SunTrust and (unfortunately) I have never been late with payments and am not in any financial distress. The main problem is that because of the current market, I owe more than what it is worth.
Is this possible without bringing any money to the table for closing?
Can You Refinance Your Mortgage After Living In A Condo For Only Two Years?
Saturday, June 27th, 2009I suspect my son has an ARM and has one more year to refinance before the interest rate changes. Is there normally a penalty involved if he refinances before the adjustable rates kick in?
Can You Refinance Your Mortgage After Living In A Condo For Only Two Years?
Saturday, June 27th, 2009I suspect my son has an ARM and has one more year to refinance before the interest rate changes. Is there normally a penalty involved if he refinances before the adjustable rates kick in?
Can My Apprasial For A Home Equity Loan Also Be Used To Get Pmi Off Of My Mortage?
Friday, June 26th, 2009I am starting my own business and need start up cash. I bought my home last year for 209000, but it was way undervalued. Several smaller homes in my neighoorhood have sold for about 230000. The principal remaining on my loan is 205000. If I take out a home equity loan for 40K and can get my house appraised for 250K while reducing my principal to 200K I can eliminate PMI and roll that money (and then some) into the payment for my home equity loan. Will my mortgage company accept the home equity loans company’s appraisal (it should be done by an outside company). Also, the reason I layed out so much information is because I am also fishing for any advice I can get on this situation. Thanks for any input at all!
How Can I Convince Client For Mortgage Refinance?
Friday, June 26th, 2009work honestly, find the best interest rates.
it is the best effective solution
How Can I Convince Client For Mortgage Refinance?
Friday, June 26th, 2009work honestly, find the best interest rates.
it is the best effective solution
How Can I Convince Client For Mortgage Refinance?
Friday, June 26th, 2009work honestly, find the best interest rates.
it is the best effective solution
Can I Refinance My Mortgage And Home Equity Line Of Credit Together?
Friday, June 26th, 2009For example, I take both loans and refinance them together as 1 loan with a 30 year loan?