Our Local Banks Won’t Refinance Our Country Property. – Jeff
“Dear Steve, Our mortgage was paid off in 2000. We refinanced in 2003 at 5.37% we owe 130,000.00. Went back to same lender to refinance for a lower rate (2.95 at the time) and everything was perfect as far as income/debt/credit, etc….however, they could not find enough comps for the appraisal. The work-up appraisal was …