Hi all we are thinking of refinancing our mortgage. We are on the cusp of 60/40 so don’t know for sure if we’ll need an appraisal.
Our issue is we are in the middle of several home improvement projects and therefore don’t want to get the appraisal.
If we move forward with a refi, then find out later they require an appraisal, are there any negatives to cancelling the refinance at that time?
Thank you for any insight!