Updated almost 5 years ago on . Most recent reply
John Matthew JohnstonPoster
#4 Starting Out Contributor
#4 Starting Out Contributor
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- Beaver Falls, PA
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Lender increasing values on Refi?
John Matthew JohnstonPoster#4 Starting Out Contributor
#4 Starting Out Contributor
- Investor
- Beaver Falls, PA
We are doing a Refinance in our primary and on the disclosures that the lender sent over she has all my rentals listed. On a couple of the rentals she has the market values overinflated, some by over $100,000. She said that the only market value that matters is the primary which we are doing the refi on and that the rest of the values don’t matter. My question is if it doesn’t matter then why not use correct values? Just making sure nothing sketchy is going on?