Shared Driveway & Refinance Issues

[Joe Shepherd]

I bought a home with a shared driveway - property line runs down the middle, and it splits to each garage at the end. No formal easement, just a gentleman’s agreement with the neighbor.

I purchased in cash and now I’m refinancing. The lender wants an easement or written agreement. Appraisal came in higher than the loan amount.

Anyone dealt with this in the past? 

-Do some lenders skip this requirement? Any recommendations? 

-Tips for a simple agreement?

TIA!