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i am currently trying to refinance.

i am being told by the mortgage company that my rental properties lost 3 times its value. but i see numerous properties in the neighborhood with similar renovations as mines and they are selling over $400,000. please help me. 267-228-8892 cell - deptofstreetz@yahoo.com are my contact info - Shiran Abney (owner)
(duplex) 1717 - 1719 n 21st phila pa 19132 & (duplex) 2219 - 2221 n 21st phila pa 19121
3125 n 33rd st phila pa 19132 (single family)
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May 21 2013 - North Central
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Shrian, this isn't the Lender it's the appraiser who's providing the comparables.  The lender can only lend on the stated value of the property at hand.  Would you have comparables from the last 6 months to support your anticipated value of your properties?  
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May 22 2013
What kind of a loan is on the property? Is it an FHA? Is the loan currently a Fannie or Freddie loan?
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May 21 2013
 
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