Can I transfer an appraisal?

How old is the Appraisal?

More info needed, but in general.. if you just purchased a home using VA.. It 's possible you don't have enough equity to get a HELOC.. VA loans are 100% financing.. most HELOC lenders have a maximum Combined Loan to Value (CLTV) of no more than 80%, with a handful of small community banks and credit unions which might go as high as 90% CLTV.. But if you purchased and financed 100%, then you don't have sufficient equity to get a HELOC.. If you did a VA refinance and you do have sufficient equity, then most all HELOC lenders will do their own form of appraisal.. typically, they do Automated Valuation Model (AVM).. basically, they use software to estimate the property's value.. rather than doing a full up appraisal. And most HELOC lenders do not charge for this.. They might have a processing fee of $300 to $500,, but typically, that's the only costs associated with a HELOC.. As far as using your old appraisal.. It's unlikely.. if you offer it to the lender, they will accept it.. but they will still do their own AVM... I'm a preferred Lender with California and Arizona being my primary markets. 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 NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893