http://www.trulia.com/voices/Home_Buying/when_a_drive_by_apprasal_values_home_what_percenta-144644the program if future to loan amount in property, per our realtor we will only qualify for this loan is at least at 97% value when they appraise it . is this truen-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-West_Covina_CA-628362/http://www.trulia.com/voices/profile/Real_Estate_Pro-West_Covina_CA-628362/Hi Jenny, If the lender only ordered a 'drive-by' appraisal they probably are not too worried about it not appraising (at least that's the only time I see drive-by appraisals requested). The loan to value ratio needs to be 80% or less to avoid paying PMI, but otherwise it depends on what type of loan you're getting. This is a question for your lender. Make it a great day, Seth T. J. Miller Broker- My Real Estate Pro West Covina (626)967-8686 DRE#01840251 PS- you can follow my on twitter @BrokerSethSun, 12 Jul 2009 12:03:20 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Los_Angeles_County_CA-252797/http://www.trulia.com/voices/profile/Real_Estate_Pro-Los_Angeles_County_CA-252797/I'm not sure what the question is but if you need more information regarding the 203k loan (if that is what you are asking about) then feel free to contact me directly. Good luckSat, 11 Jul 2009 13:53:38 -0700