Is there a way to refinance a conventional loan without an appraisal?

You can apply for an appraisal waiver from Fannie but they are not easy to get.

Hi JHendr_ thanks for the question. We do conventional loans without an appraisal as long as your current loan was sold to Fannie Mae or Freddie Mac prior to June 1, 2009 as Matt said. Most lenders have access to this program, I recommend doing your due diligence prior to signing anything or allowing anyone to check your credit. Most big banks have higher fees, I recommend going with a mortgage broker or banker to get a better deal. If you have any additional questions or need assistance in finding out what the best route is please feel free to send me a message, we are a mortgage banker and have much lower fees than any of the banks in your area. Thanks. Sam. www.silvercreekfinance.com

The real issue here is does your property AND you warrant an appraisal waiver. For loans that qualify under HARP, most, but not all borrower will get an appraisal waiver. If your refinance does not qualify under HARP, but you have sufficient equity based upon the current probable market value, and you are looking at a no cash out scenario, an appraisal waiver may be offered in the Automated Approval. In the last 4 years I have not seen a Non-HARP waiver if the LTV (based on current market value) is greater than 70% and if the borrower does not have a high 700 (790+) or an 800+ middle credit score. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

If your loan is owned by Freddie or Fannie, and was initiated prior to May, 2009, then you might qualify for HARP 2.0 refinance program... to be sure, you should contact a local mortgage broker and apply with them...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

Yes as long as Fannie Mae gives you the Appraisal Waiver.

At a minimum, would require a lender who would accept a Fannie Mae Appraisal Waivers. Good luck!

If you last refinanced prior to June 1st 2009 then you may qualify for the HARP2.0 program. I will be happy to help you. You can contact me at 847.322.4720.

If your loan is eligible for the HARP 2.0 program you will more than likely get an appraisal waiver. If not you will probably will be in a tough spot

If your conventional mortgage is not Fannie Mae nor Mac can you refinance without a appraisal