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When Should You Seek an Appraisal to Eliminate PMI?

East Coast Appraisal

Private mortgage insurance, or PMI, allows lenders to offer home loans to buyers without the traditional 20 percent down payment. Should a buyer fail to make payments later on, PMI helps the lender recover its losses. But for most homeowners, PMI mainly represents an extra fee on their monthly mortgage statement.

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. How Long Does a Home Appraisal Take?

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. How Long Does a Home Appraisal Take?

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. How Long Does a Home Appraisal Take?

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Mortgage Refinancing: Be Aware Of Closing Costs

Assurance Financial

This is a common factor that drives many homeowners to seek refinancing. Because refinancing often results in a lower interest rate, some homeowners may also seek a new mortgage for that reason. In either case, the objective is nearly always to save money and/or ensure that your mortgage remains financially feasible for you.