Monday, March 30, 2009

Appraisal Schmaisal

Ok so the post got eaten.
So this will be shortened.

Good and Bad news.
Good news our house has about 18k in equity.

Bad news it wasn't enough for the loan we were trying to do. Since it was out of state they could only do a conventional and it could only be for 90% of the value.

I checked out some Regions stuff and they do have a fast track re financing and if you don't do equity then you can go up to 95% which we would be under for sure.

So tomorrow after I fax over the authorization form I'll call and see whats going on.

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