Who pays for the appraisal on a refinance?

The appraisal is the responsibility of the borrower. Unless you have a lender that will cover that cost for you, it is always up to the borrower to pay for it. I typically will cover that cost so my client doesn't have to worry about it. Nick Bebout - American Liberty Mortgage - 303-458-3778.

Great day to you! The borrower generally pays for the appraisal whether it be paid for in the rate, the loan amount or in cash from the borrower. It should be on the loan estimate/fee sheet. I am happy to answer any questions that you may have. Kay Cleland, CRMS, CMC . Local Mortgage Broker. 720-670-0124 Thank you.

Depending on the loan product you are using, it's possible an appraisal wouldn't be necessary.. however, if it is, then you pay it.. you can negotiate with the lender to get them to pay for it, but typically, they will only offer you a credit against closing costs in case you back out of the refi.. but like most things in life, everything is negotiable.. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Hello Jessica, the Borrower applying for the refinance pays for the appraisal.