Emliminate PMI Insurance

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Paul Schwietert
River City Real Estate Appraisal Svcs.
503-781-5192

paulschwietert@comcast.net

Eliminate PMI Insurance

What is PMI Insurance? Private Mortgage Insurance (PMI) was introduced over 30 years ago to provide Lenders with insurance against default for purchasers with a down payment of less than 20 percent. PMI Insurance is collected through the Mortgage Payment to insure the Lender against default. As a homeowner, once your equity level in your home reaches 20 percent you have the right to have the PMI Insurance eliminated.

Reduce your Mortgage Costs by eliminating PMI Insurance and Save Hundreds of Dollars Per Year. Until recently, PMI Insurance did not even appear on Mortgage statements and many people are unaware that they are indeed paying mortgage insurance.

An increase in equity in your home would allow you to eliminate PMI Insurance.

How would your equity position change in your home??

If our loan is two or more years old.
If you have made improvements that increase the value of your home
If you have paid down a portion of your mortgage.
Or, if you purchased your home for below market value.

Provide your Mortgage Company with an appraisal proving your equity has exceeded the 20 Percent threshold and request thay cancel your PMI Insurance Policy TODAY!!

For more information, call, E-mail, or fill out the Appraisal Order form. I will be in contact with you and able to discuss ways of reducing YOUR PMI INSURANCE today!