Can a Refi be done with a new company with NO Appraisal?I'm currently in talks with a Refi company who is setting up my paperwork to do this. Due to the market, my amount owed is more than what he says my house is valued at, therefore he is telling me that I will not be getting an appraisal. He also told me that I can NOT get my own appraiser, that if it were to happen, it would HAVE to be one from his company (or their company they use) who completes it. Key: He says because I'm not having an appraisal, I cannot add in my closing costs, and must pay them out of pocket, which is a $4400 charge. Is there anything wrong in his statements on any counts?Is he lying about this to get me to have to pay these closing costs out of pocketfor his benefit somehow?December 29 2012 - Williamstown0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.