Zillow Advice: Approval Process - Can you use the proposed appraisal of an additon when qualifing for a second mortgage? http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ Zillow Advice | Zillow Real Estate One great&nbsp;option is ... http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ One great&nbsp;option is to do an <a href="http://www.zillow.com/fha-loan/">FHA</a> 203K streamline <a href="http://www.zillow.com/refinance/">refinance</a> and get the funds to do the home improvements in the&nbsp;one loan. Basically you get an appraisal of the home done based on the improvements that you intend to make and then you get a <a href="http://www.zillow.com/mortgage/">loan</a> to pay off the exisiting loan, refinance it&nbsp;and get&nbsp;funds to do the improvements. I would be happy to help you if you are interested. Wed, 07 Jan 2009 22:12:00 GMT http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ 2009-01-07T22:12:00Z socal_engr, AA probably noticed ... http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ socal_engr, AA probably noticed it is a <a href="http://www.zillow.com/mortgage/">loan</a> officer asking the question, and not interested in learning him/her, as MW would&nbsp;say Mon, 19 Jan 2009 12:08:00 GMT http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ 2009-01-19T12:08:00Z Hey Andrew...Why no "call ... http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ <p>Hey Andrew...</p><br/><p>Why no "call me if you have any questions" or "I would be happy to help you". What's up with this advice-without-marketing approach? You rebel!</p><br/><p>No spam for you tonight!</p><br/><p>Cheers</p> Mon, 19 Jan 2009 08:13:00 GMT http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ 2009-01-19T08:13:00Z yes as construction loan...Call ... http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ yes as construction loan...Call me if you have any questions. You can click on my picture for details Mon, 19 Jan 2009 05:32:00 GMT http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ 2009-01-19T05:32:00Z The only way to use the proposed ... http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ The only way to use the proposed value is with a renovation or Construction loan.&nbsp; I know of only one local bank that offers a 2nd <a href="http://www.zillow.com/mortgage/">mortgage</a> construction loan. Fri, 02 Jan 2009 15:44:00 GMT http://www.zillow.com/advice-thread/Can-you-use-the-proposed-appraisal-of-an-additon-when-qualifing-for-a-second-mortgage/183818/ 2009-01-02T15:44:00Z