Appraisal

FHA Streamline refinance, no, VA IRRRL, no, HARP 2.0, no, straight up refinance (rate and term or cash out) or purchase, yes... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

It depends on what type of loan you are doing.

Short answer is YES. There are certain types of transactions that do allow for an appraisal waiver. Provide additional details for a better answer. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

There are a few refinance programs that will allow you to waive the appraisal. FHA Streamlines and the new HARP 2.0 which is for Fannie Mae and Freddie Mac owned mortgages are the three programs. Other than these you will more than likely be in need of an appraisal.

it depends on several factors, loan to value, purchase or refi, cash out refi ,, etc linda

Need more info.

In general, you will not need an appraisal for an FHA Streamline refinance, a VA IRRL, or a HARP loan. Not too often, you will not need an appraisal, or just a limited appraisal for a regular refinance. I have several in process right now, and can show you proof if you would like. With a free, no obligation application, I can run your scenario on Fannie Mae's website to see what type of appraisal is needed. We are a direct lender bank, and use Fannie Mae's findings to underwrite the loan. We are not a broker, so there is not a "middle-man" company handling your loan. My office is in Eugene, and our underwriting, processing, document preparation, and quality control take place locally in my building. We have excellent interest rate pricing, and we have full control of your loan from start to finish. I will show you very clear loan options, so you can make an informed decision. Please take make the effort to compare your options by contacting me: Randy Free NMLS#283930 OPES Advisors (direct) 541-984-5428 rfree@opesadvisors.com