Do mortgage companies ever write loans for more than the appraisal?

If so, what are the circumstances that this occurs in? If not, what is the usual reasoning?





Thanks!Do mortgage companies ever write loans for more than the appraisal?
No. There was a time where this could happen, but no more.Do mortgage companies ever write loans for more than the appraisal?
Possible but very very unusual. You have a better chance of getting an invitation to the Pope's wedding.
Well I am sure it happens but 999 times out of 1,000 it will not. If you are friends with bank president it could happen.