Have a conventional loan not tied to either Fannie or Freddie. Seeking nonappraisal refinance companies/conventional loans.

Thanks for your question. Out of curiosity, what would be the reason for not wanting an appraisal done? Typically in this market, an appraisal on a refinance would benefit you in terms of value, which affects pricing well. There are some instances where you can be granted a PIW (Property Inspection Waiver), which would eliminate the need for an appraisal. Also if you qualified for a HARP Refinance, then the appraisal could be waived.What is your ultimate goal with a refinance?

Streamline refinance without appraisal is available on many exiting loans, like FHA. But depending on what loan type you have today, it may of may not be an option. Sounds like that isn't an option in your case. Conventional loans "may" allow for no appraisal, but that is a case-by-case, and we only know when we run your application through the computers. On a refinance, pretty much unheard of. Next is home equity loan (HELOC). Many times they will offer you financing with just an AVM (automated valuation). So in this case, I suggest talking to your small community bank or credit union for a home equity loan in first position. For first lien home loans iin MN, Wi, and SD, visit me at www.MortgagesUnlimited.biz

Well, I think there are a couple issues here to clarify. First, all Conventional loans are secured by either Fannie Mae or Freddie Mac, in terms of generating a new mortgage loan. We, as Lenders, underwrite all Conventional financing to either Fannie Mae or Freddie Mac guidelines - which is what makes it a 'Conventional' loan. As I stated before and Joe echoed, there are cases where a Conventional loan can be done without an appraisal, but they require a PIW and are pretty rare. On a refinance, there's probably little-to-no chance of receiving one of those.This situation leaves you with few options, seeing as how you are stating that the condition of the home will not pass an appraisal inspection, plus you have a joint party on both your mortgage note and property deed that is nowhere to be found. Did the divorce decree explicitly state that you were awarded sole possession of the property?I think the best option for you is to pursue a second-lien mortgage, or simply a home improvement loan not tied to your home, to fix whatever issues are present that will not pass inspection. From there, you can roll the balance of that loan into the primary mortgage and complete a refinance. As for the ex-husband, I spoke with an Escrow Officer at Capital Title in Cedar Park and she told me that you would need to petition to court with your case, basically stating that you were awarded the property in the divorce and that he should have had his name removed from ownership, but that he never did and you now want to refinance in your name only and need authority to execute the documents by yourself.Let me know if this helps and hopefully we can help get you where you need to be.