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Joel Said:

Can you get a house re-appraised if you didn't like the first guy's answers?

We Answered:

Is it truly classified as commercial property? Perhaps it is being classified as Owner Occupied Investment Property. This means that you will live there as your primary residence, but it's also investment because you *could* rent out the other side.

Different guidelines for commercial vs. investment property. Either way, there will probably be a rate variance because it is not just a plain 'ol single family residence. She should shop around with other lenders to see if she can get a loan with a smaller down payment.

If the appraiser was ERRONEOUSLY stating it as a commercial property, there's no need to re-appraise. Find out for yourself (through county records) if it is in fact, zoned commercial. If it is not, bring your proof to the appraiser and have him/her update the report.

Typically the only time you want to re-appraise is if there is a dispute regarding the value of the home.