Getting refund for appraisal when it was late and lock expired

That's a tuff one.. The appraiser was hired to do an appraisal, and he preformed his duties in a timely manner and produced the product, IE, the appraisal. Your Broker selected the lender, and the lender selected the appraiser, or appraisal Management Company. He took a week, but under the current lending environment, that is within the acceptable time limits. Very doubtful the appraiser will give a refund. Your mortgage broker has no control over which appraiser is selected, and by law, he cannot even talk to him. Your mortgage broker might give you a "Good Faith" refund, but he is certainly under no obligation. My question is, Rates are terrific right now, and they have not moved much within the last 6 to 8 weeks... If you're going conventional, then your appraisal is still good (3 months) provided you stay with the same lender, and If you're going FHA it's good for 3 months no matter who you go with... my suggestion would be to re apply for your refinance, and cut your broker some slack... the current guidelines, restrictions, overlays, policies, procedures, and laws make financing a home a very frustrating task... WilliamAcres.com