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Money and Finances
Reply to "I'd like to re-finance, but don't know where to begin"
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[quote=Anonymous]Good lord. Do you have 20% equity? And to answer one of your questions, a local bank or mortgage broker will likely have local appraisers who will deal better with the lack of comps. We refinanced twice last year, from first at 5 5/8 and second at 6.5, now we are at 3.5 for all of it. We used Brad Katzen with Prosperity Mortgage in Bethesda and Deb Levy at Eagle Bank downtown. Great experiences both times, although the first refi appraisal was a little lower than we wanted.[/quote]
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