When Should You Seek an Appraisal to Eliminate PMI?
East Coast Appraisal
SEPTEMBER 12, 2022
Many agreements wait until the loan has reached 78 percent of the home's value to automatically cancel PMI. To remove it earlier, you'll need to have the house appraised and submit a formal request. When Home Prices Increase. Buying a home remains one of the best investments available today.
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