Lenders who will use an existing appraisal for washout refi
I've just set up to do a cashout refi with a VERY well known hard money lending company, and suddenly they're pulling a bait and switch on the terms, etc. I'm doing 7 properties which means I've fronted the bill for 7 appraisals, 7 surveys (!!!) and 7 sets of title work that my lawyer was doing, so about $1000 - 1200 out of pocket per property, and I don't want to do business with this lender.
My lawyer says all the title work will be valid for about another 6 weeks if I want to switch lenders, but I'd like to avoid paying and waiting for appraisals again.
Does anyone know of a lender that will use appraisals that they didn't order and pay for? I know it's a long shot, but I'd appreciate any leads.
Many thanks,
Amy