Updated about 4 years ago on . Most recent reply
What are typical refinance documentation?
I'm refinancing a short term rental I purchased in 2020. The hard money lender is asking for the appraisal back when i purchase the property and scope of work and receipt. I find that kind of strange since the work is a while ago and I though the lender only care about the current appraisal and borrower credit. Is scope work typical in refinance property that owned more than a year? this refinance is taking almost 2 months and I think the lender is dragging their feet