Home Equity Loan Appraisal Dispute

[Dorian Moore]

I will make this as short as possible.  I am looking for advice on how to handle this situation and if I should contact a lawyer.  I applied for a home equity loan through Discover Home Loans and it was denied due to their appraisal finding the home vacant.  As soon as I found this out I immediately disputed as clearly something is wrong as it is my primary residence.  It took a month and a half for them to send me a copy of the appraisal.  I continually asked how my home could be labeled as vacant and all they ever said was they are not appraisers they do not know.  Finally I got a copy of the appraisal and called the appraiser and they said that Discover misread the appraisal and it was listed by them as owner occupied.  It is now too late to do anything and I would have restart the entire process.  My questions are don't I have the right to dispute an appraisal?  Shouldn't I received a copy immediately?  Shouldn't they have called the appraiser as soon as I called?  Should I seek a lawyer?

Thanks to anyone who can guide me in the right direction. 

[Andrew Postell]

@Dorian Moore yes, you have the right to receive your appraisal.  Yes, you have the right to contest your appraisal formally.  And yes, you also have the right to fire this bank as they are obviously a sub-par lender.  Don't get caught up in being "right" here.  You learned that this bank is terrible and you didn't have to be in a loan for 30 years with them.  Count that as a blessing and go to someone else!