Call us today:
858-875-2800

Call us today:
858-875-2800

Thursday, August 16, 2018
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PMI Cancellation

Mortgage insurance can usually be canceled by the home buyer after he or she has at least 20 percent equity in the home. Borrowers should contact their servicer to find out the procedure for canceling mortgage insurance when they think they have achieved 20 percent equity. Guidelines for canceling private mortgage insurance are set by investors. Typically, investors will require an appraisal on the property. The servicer can recommend qualified local appraisers.

10620 Treena St #230 San Diego CA 92131
Copyright © 2017 Insider Mortgage Corporation. Designed by lionmts.com. All Rights Reserved.
California BRE license #01193796 | NMLS license #254876
10620 Treena St #230 San Diego CA 92131
Copyright © 2017 Insider Mortgage Corporation. Designed by lionmts.com. All Rights Reserved.
California BRE license #01193796 | NMLS license #254876