Sitting at 4.5% looking to refinance. Owe 112k and Zillow? estimate is sitting at ~160. Problem is my mom's health issues means the house is literally full of her stuff. On top of that , I have a bunch of small repairs to address ie. Few drywall patches, painting , landscaping etc. Does anyone decent just punch in the address and do the refi without sending someone out?

5/24/2017 6:19:15 PM

I'm sure there are lenders out there who would do it, but I think lower due diligence on their part would mean higher interest rates and fees for you.

Furthermore, I think you'd have a tough time getting enough of a better rate to justify the effort. Going from 4.5% to 4% on a $115K loan is only a different of ~$30 / month.

5/24/2017 7:01:19 PM

I got one from CapWest Mortgage (through Costco) in maybe '12 that all they did was punch the address in. FWIW.

5/24/2017 11:34:41 PM

Yeah I have seen it done both ways. I guess it all depends on the lender. I've seen where the appraiser does a "drive by" or just pulls up the address and details or I've seen where they have actually come in and did the inspection.

5/25/2017 11:14:23 AM

Yeah I've heard of the drive-bys...friend who works at NC SECU just did one for a client.

5/25/2017 12:21:49 PM

All you need is to get to $134,400 to be 80% or less LTV. I have a hard time believing that would not happen in Wake County.

5/25/2017 4:06:44 PM

I believe Coastal FCU does computer-based comps standard. If you are not satisfied with the appraisal they can hire an appraiser on your dime.

5/25/2017 4:14:15 PM

call Wesley Hoaglund of WesLend financial. Let us put you in a new loan, pay off past bills, consilidate a first and second

this commercial is driven into my brain

5/25/2017 4:56:12 PM

^I've only heard it a few hundred times

5/26/2017 11:06:11 AM