I would like to refi log home but have been turned down because of no compareables. What can Ido?

We should talk/email. I also have a log home in WI and I understand the comp issues. We have lenders that will do this, but I need to know more information regarding the property. It is possible. I am in your area (Schaumburg). barb.lanis@1amllc.com 630-660-8868

If you are not looking to take cash out, just looking to refinance to a lower rate. Try working with your current lender with an in-house refi. This saves you money in closing costs - that eats up equity by refinancing to another lender.

If you have an appraisal, I'd be happy to review it. We are a Mortgage Banker, as well as direct with Fannie Mae and other larger banks/investors. JAlbrecht@PrimeLending.com

Because of the uniqueness of a log home, most lenders want at least two comps, at a minimum. You have a difficult challenge.

I would recomend going back to your current lender,

In my experience a local bank in the area of the property is a good choice, however in the current climate of conservative lending and banks' required liquidity levels they may not be able to help. It's worth asking a few besides your current lender. Good luck to you.

You will have a difficult time, but you obviously got a loan before and you will again. You just need to find the right lender. I'd start with the company who currently has your loan. Goof luck.