From Appraisal to Freedom: How a PMI Removal Appraisal Can Save You Thousands
Premier Home Appraisal Blog
MAY 30, 2023
According to the Homeowners Protection Act (HPA), you can request PMI cancellation once you reach 20% equity in your home and have paid off 20% of your original loan amount, either through mortgage payments or an increase in your home's value. This is where the appraisal process comes in.
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