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Updated over 12 years ago on . Most recent reply

User Stats

198
Posts
25
Votes
Rick L.
  • Investor
  • Saint Louis, MO
25
Votes |
198
Posts

Can appraisal be Re-used to shop for refinance

Rick L.
  • Investor
  • Saint Louis, MO
Posted

I'm currently trying to refinance my mortgage loan to a conventional. Is it possible to use one appraisal to shop around to a few lenders? I was told by one mortgage representative that I they could not use the appraisal from another company, even though I paying $400 for the appraisal. Any truth to this???

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