Is the appraisal process different for the purchase vs. refinancing

You may be required to obtain an appraisal when refinancing, although certain situations may allow you to refinance without an appraisal. As the owner of the home, when you refinance, you may be present for the appraisal.  Keep in mind, we will always have to order a new appraisal if you are looking to cash out or change your loan type.