I am trying to do a cash out refinance on my house but have been denied because it is a legally converted 2 family being used as a 1 fam.(A couple of doors have been removed that separate the units and the 2nd kitchen has been removed)
\nWhat I am trying to find out is the easiest way to get the loan approved. From talking to the underwriter I have two options: 1- have it appraise as a 2 fam and 2- have it “re-zoned” as a 1 family.
\n If I want it appraised as a 2 fam, what is the minimum an appraiser would need to see as far as the 2nd kitchen in terms of appliances, sinks and cabinetry.
\n If I want it mortgaged as a 1 Fam. what exactly would I need to get changed. What do the banks look at to make this determination(they couldn’t give me a straight answer).
\nAny help would be appreciated.<\/p>\n","protected":false},"excerpt":{"rendered":"
I am trying to do a cash out refinance on my house but have been denied because it is a legally converted 2 family being used as a 1 fam.(A couple of doors have been removed that separate the units and the 2nd kitchen has been removed) What I am trying to find out is…<\/p>\n","protected":false},"author":176570,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"schneps_byline":"","schneps_post_style":"","schneps_post_source":"","schneps_syndicated_read_more":"","schneps_post_source_sitename":"","schneps_syndicated_thumb_html":"","schneps_syndicated_thumb_src":"","schneps_post_source_shortname":"","schneps_post_source_url":"","schneps_post_source_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[100],"tags":[],"districts":[],"class_list":["post-56523","post","type-post","status-publish","format-standard","hentry","category-mortgage"],"acf":[],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/brownstoner.com\/forum-archive\/2011\/06\/refi-on-2-famil\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Refi on 2 Family Being Used as 1 Fam","url":"http:\/\/www.brownstoner.com\/forum-archive\/2011\/06\/refi-on-2-famil\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.brownstoner.com\/forum-archive\/2011\/06\/refi-on-2-famil\/"},"thumbnailUrl":"","image":{"@type":"ImageObject","url":""},"articleSection":"Mortgage","author":[{"@type":"Person","name":"stupidmutt"}],"creator":["stupidmutt"],"publisher":{"@type":"Organization","name":"Forum Archive","logo":""},"keywords":[],"dateCreated":"2011-06-03T08:15:29Z","datePublished":"2011-06-03T08:15:29Z","dateModified":"2013-09-20T14:44:23Z"},"rendered":"