Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call
You might be handing your lender $200 a month for nothing, and nobody at the bank is hurrying to mention it. The charge is private mortgage insurance, better known as PMI.
PMI only protects your lender. It covers the bank if you stop making payments. For you, the homeowner sending that money every month, it does nothing.
Removal at 20% equity is your job. Once you reach 20% equity, you have the right to ask your servicer to cancel PMI. Don’t expect a phone call from your lender when you get there.
Rising values may get you there sooner. Many homeowners overlook how much home value matters. Prices have moved quickly here in Phoenix, Scottsdale, and across Maricopa County. A new appraisal might prove you crossed that 20% line years earlier than you realized.
If you’ve been paying PMI for a while, let’s find out where your equity actually stands. Call me at 602-413-8195, email me at Monique@MoniqueSells.com, or visit moniquesells.com. I’m happy to walk through the numbers with you.
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Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call
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