Zillow Advice: Refinance - Refinancing a home using previous appraisal? Need refinance help! http://www.zillow.com/advice-thread/Refinancing-a-home-using-previous-appraisal-Need-refinance-help/424118/ Zillow Advice | Zillow Real Estate Youll need a new appraisal. ... http://www.zillow.com/advice-thread/Refinancing-a-home-using-previous-appraisal-Need-refinance-help/424118/ Youll need a new appraisal. Technically you will need a 'new' appraisal, even with the same lender, let alone a new lender. New date, new value, period. Appraiser A also may not be only <a href="http://www.zillow.com/directory/lenders/">Lender</a> B's list. ALSO we now worth through AMCs, appraisal middle men, who take a portion of your fee. That appraiser probably only got $350 out of your $525. Having AMCs take a portion of our fee almost always guarantees youlll pay for a new appraisal with a different lender. <br/><br/>If you double or triple app'd, (applied with multiple <a href="http://www.zillow.com/directory/lenders/">lenders</a> at the exact same time) you would also need to pay for 2 or 3 appraisals, you could not use one for mulitple app's. <br/><br/>Since you already paid once, see if you can get the new <a href="http://www.zillow.com/mortgage-rates/">mortgage</a> broker/lender to reimburse you for your NEW appraisal with them at closing, sometimes you might get that. That fee will probably, though, come right out of the pocket of your mortgage guy.... Worth to give it a shot. <br/><br/> Mon, 28 Nov 2011 04:28:00 GMT http://www.zillow.com/advice-thread/Refinancing-a-home-using-previous-appraisal-Need-refinance-help/424118/ 2011-11-28T04:28:00Z "Since you already paid once, ... http://www.zillow.com/advice-thread/Refinancing-a-home-using-previous-appraisal-Need-refinance-help/424118/ "Since you already paid once, see if you can get the new <a href="http://www.zillow.com/mortgage-rates/">mortgage</a> broker/lender to reimburse you for your NEW appraisal with them at closing, sometimes you might get that.<strong><em>That fee will probably, though, come right out of the pocket of your mortgage guy....</em></strong> Worth to give it a shot.&nbsp;"<br/><br/>While in theory, it sounds great, but it's also not possible. If you get a credit for the appraisal at closing it won't come from the <a href="http://www.zillow.com/mortgage-rates/">loan</a> officer; that is now illegal and no portion of the loan officer's commission can be rebated to the&nbsp;borrower. If the loan officer is supposed to make 1%, they make 1% and not a penny less or more. The only way to get the appraisal credited by the <a href="http://www.zillow.com/directory/lenders/">lender</a> at closing is to increase your loan amount or use any leftover rebate that results from an increased rate.&nbsp;<br/><br/>And Vince is right. You have zero chance of using that appraisal. Mon, 28 Nov 2011 04:58:00 GMT http://www.zillow.com/advice-thread/Refinancing-a-home-using-previous-appraisal-Need-refinance-help/424118/ 2011-11-28T04:58:00Z