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Do I need to have 2 appraisals for a refinance?

Written By: admin on June 28, 2009 One Comment

I am refinaning my home, and using FHA. I was told that 2appraisals were required, and that a 700.00 fee was added to my loan. Is this legal?


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One Response to “Do I need to have 2 appraisals for a refinance?”

  1. Landlord on: 28 June 2009 at 6:04 pm

    One appraisal, made by the bank. It is NOT added to the loan, but paid at closing.

    You might want to verify you are really working with someone legit, this is not right.

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