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Can a borrower cancel the refinance process due to a low appraisal

Can a borrower cancel the refinance process due to a low appraisal

This is a discussion on Can a borrower cancel the refinance process due to a low appraisal within the Mortgage Refinancing forums, part of the Mortgage and Loans Forum category; We were doing a refinance with a cash out and the appraisal came in too low to get the amount ...

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Mortgage Refinancing If your current mortgage has a high interest rate, you’re stuck in an adjustable rate mortgage, or you want cash out or to consolidate your debt, the answer to your mortgage problems is refinancing. Mortgage refinancing allows you to pay off the remainder of your existing loan by taking on a new loan with better terms. However, there are a number of mortgage refinancing options available to you. And within each of these options, there are particulars you need to be aware of.

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09-05-2008, 07:26 PM

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Can a borrower cancel the refinance process due to a low appraisal

We were doing a refinance with a cash out and the appraisal came in too low to get the amount of cash that we needed. Are we obligated to continue with the transaction? More... (Source: mortgagefit.com)

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appraisal, borrower, cancel, due, low, process, refinance

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Can a borrower cancel the refinance process due to a low appraisal	Administrator	Mortgage Refinancing	0	09-05-2008 05:33 PM
Can a borrower cancel the refinance process due to a low appraisal	Administrator	Mortgage Problems and Solutions	0	09-05-2008 05:33 PM
Can a borrower cancel the refinance process due to a low appraisal	Administrator	Mortgage Refinancing	0	09-05-2008 05:48 AM
Can a borrower cancel the refinance process due to a low appraisal	Administrator	Mortgage Refinancing	0	09-05-2008 05:48 AM
Can a borrower cancel the refinance process due to a low appraisal	Administrator	Mortgage Problems and Solutions	0	09-05-2008 05:48 AM

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