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Rachel Von Ins's Answers


Refinance Fees
Jason ~ Please call me at 616-994-8785. I will be in a closing from 5-5:30 if I miss you I will call you back as soon as I am available.Rachel Von InsPrivate Mortgage Wholesale Inc.616-994-8785
Am I legally obligated to pay for a 2nd appraisal if the refi was not granted?
-Most Lender will not allow transferring appraisal with conventional loans, however if it is an FHA appraisal that typically stays with the property so you may be able to transfer in that case. With out knowing the exact circumstances it is difficult to advise you, did you just not get the value you...
What happens to a reverse mortgage when the borrowers pass?
When none of the borrowers are remaining in the home, the loan is due. The familyor estate will sell the house and pay off the debt as with any other loan on the property.

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