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Real Estate Appraisals for Removal of PMI

Purchasing real estate with a down payment of less than 20 percent of the purchase price usually requires private mortgage insurance (PMI). Payment for this insurance is typically included in the monthly mortgage payment and, depending on the size of the mortgage, can quite often be a sizeable amount. After two years of ownership and mortgage payments, this insurance can usually be removed - thereby reducing your monthly payments.

The initiative to remove PMI typically rests with the homeowner and not the mortgage company. If you have PMI and have owned your home for two or more years, please contact us to determine how you can reduce your monthly mortgage payments.

If you need an appraisal to remove your PMI, please provide the following information:

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