PMI Removal Appraisals West Palm Beach | Eliminate Mortgage Insurance
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PMI Removal Appraisals
Stop paying private mortgage insurance. Save hundreds per month with a professional PMI removal appraisal.
Typical savings: $1,200-$3,600 annually
Eliminate Your PMI Payment
If your home has increased in value or you've paid down your mortgage, you may be eligible to remove PMI and save thousands annually. Our professional appraisal provides the documentation your lender needs.
How PMI Removal Works
Calculate Your Potential Savings
If you're paying PMI, you could save $1,200-$3,600 per year
Appraisal cost: $400-$500 | Pays for itself in 3 months
Start Saving Today
Contact us for a PMI removal appraisal and take the first step toward eliminating your mortgage insurance payment.
What is PMI and why do I pay it?
Private Mortgage Insurance (PMI) is required by lenders when your down payment is less than 20% of the home's value. It protects the lender if you default on the loan, typically costing $30-$70 per $100,000 borrowed annually.
When can I request PMI removal?
You can request PMI removal once your loan balance reaches 80% of your home's current value. This can happen through regular payments or if your home has appreciated in value since purchase.
How much can I save by removing PMI?
Homeowners typically save $100-$300 per month by eliminating PMI, which equals $1,200-$3,600 annually. Over the life of your loan, this can mean tens of thousands of dollars in savings.
What does my lender need to remove PMI?
Most lenders require a professional appraisal showing your loan-to-value ratio is 80% or less, a good payment history, and proof that no junior liens exist on the property.
How quickly can I get my PMI removal appraisal?
We can complete PMI removal appraisals quickly, with rush services available for urgent needs. Once you receive the appraisal, you can submit it to your lender for immediate processing.
What if my home hasn't appreciated enough?
If your appraisal shows you haven't reached 80% loan-to-value, we'll provide guidance on when to try again or what improvements might help increase your home's value.