Do I need an appraisal to refinance my home?

5 Tips to Make the Most of Your Real Estate Appraisal Increasing your equity can help improve your finances; it affects everything from whether you need to pay private mortgage insurance to what financing options may be available to you. How much equity.

Try our easy-to-use refinance calculator and see if you could save by refinancing. Estimate your new monthly mortgage payment, savings and breakeven point.

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Do HARP Refinances Require an Appraisal? If you refinance under HARP; A home appraisal often isn’t necessary; Because a lower interest rate means less risk (lower payment) Regardless of the LTV; First things first – those who refinance under HARP do not need an appraisal (in most cases). This guideline was changed back in late 2011 by the.

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