I'm located in Florida. Are there any lenders that will do my mortgage and not charge for an appraisal? by florid_877_157 from Delray Beach, Florida. Aug 2nd 2012
It doesn't matter if the lender pays for it or you pay for it.. You're still paying for it. When the lender pays your closing costs including appraisal, what they are doing is charging you a higher interest rate than you could have gotten had you paid your own costs.. So in essence, you're paying the costs by choosing a higher interest rate, and those few thousand dollars worth of costs can be tens of thousands by the time you finish paying for your home.. So whether a broker pay's your appraisal or not.. That shouldn't be your determining factor in shopping for a lender.. But rather the complete profile and deal.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Many lenders will "pay for your appraisal"...but my father always told me nothing is free in this world and that is no less true here. Anything you roll into the loan or get "free" you are really ultimately paying for it, usually with a slightly higher rate. My advice, pay for your own appraisal...it's $400 now versus financing that over how ever many years your loan is.
We do not charge for appraisals and we will also absorb all non-tax related closing costs if you're utilizing one of our partner REALTORSo in the purchase of a new home. This could save you thousands in the purchase of your new home. Also, we are currently waiving appraisal fees for all refinances including but not limited to HARP2 Fannie Mae refinances though September 30, 2012. Please feel free to call me directly for more information; Stephen McWilliam 954-449-1767 SMcWilliam@FloridaStateMortgageGroup.com
We can waive that fee and still give you the best rates out there. Call me and we will go from there Ralph Guertin 954-274-7725
Good Morning,Most all lenders charge for appraisals, however I have the ability to offer you a lender credit to cover the appraisal. I have been doing mortgages over 25 years and if you would like to discuss this further or if I can answer any questions please feel free to call me anytime at 727-460-9418. I do mortgages throughout the state of Florida and we offer very competitve rates. Best regards,Linda BurekSr. Loan Officer
Alot of lenders will be able to offer a credit for the appraisal
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