As I understand it, during a refinance the lender will get their own people to do the appraisal.. if the lender finds have no equity, a refinance will likely not happen. At that point a lot of paper work and back and forth has taken place already. Can you recommend a way to assess equity in one's home before initiating contact with a lender?
simiya2 karma
As I understand it, during a refinance the lender will get their own people to do the appraisal.. if the lender finds have no equity, a refinance will likely not happen. At that point a lot of paper work and back and forth has taken place already. Can you recommend a way to assess equity in one's home before initiating contact with a lender?
View HistoryShare Link