PMI Removal Appraisals

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480-926-8528

PMI Removal Appraisals

Get a Free Quote

Gilbert's Leading Appraisal Firm

Providing high quality appraisals of residential and commercial properties in a timely & professional manner.

Get a Free Quote

Gilbert's Leading Appraisal Firm

Providing high quality appraisals of residential and commercial properties in a timely & professional manner.

Get a Free Quote

Gilbert's Leading Appraisal Firm

Providing high quality appraisals of residential and commercial properties in a timely & professional manner.

Get a Free Quote

PMI Removal Appraisals: Your Path to Mortgage Savings

Are you still paying Private Mortgage Insurance (PMI) on your home loan? If so, you might be throwing money away each month. At Benson Appraisals, we specialize in PMI removal appraisals that can help you keep more of your hard-earned money in your pocket.

A PMI removal appraisal could be the key to saving you thousands of dollars over the life of your mortgage.

We Specialize In Appraisals For:

SAVE MONEY

Choosing an appraiser you can trust can save you thousands of dollars and help you make better informed decisions.

AVOID CONFUSION

We walk you through the appraisal and make sure all of your questions are answered.

STRESS-FREE PROCESS

We will make your experience stress-free by being efficient, transparent, and simplifying the entire process for you.

Our Simple 3 Step Appraisal Process

Step 1: Connect With Us

Reach out via our website, phone, or email. We'll discuss your needs and unique situation.

Step 2: Expert Evaluation

We conduct a thorough appraisal tailored to your property, ensuring accurate and reliable results.

Step 3: Informed Decisions

With our detailed appraisal, you can make well-informed decisions with complete confidence.

Why You Need a PMI Removal Appraisal

Once you’ve built up at least 20% equity in your home—either through paying down your mortgage, making home improvements, or simply benefiting from market appreciation—you can request the cancellation of PMI. However, your lender will require proof that your home’s value has increased sufficiently to meet the 20% equity mark. This is where a PMI removal appraisal comes in.

Accurate Valuation: A PMI removal appraisal provides an accurate assessment of your home’s current market value, ensuring you have the documentation needed to cancel your PMI.
Cost Savings: Eliminating PMI can save you hundreds of dollars each month, adding up to thousands over the remaining life of your mortgage.
Quick Process: Once you have the appraisal, you can submit it to your lender and, if approved, stop paying PMI almost immediately.

How Does a PMI Removal Appraisal Work?

The process of removing PMI typically involves the following steps:

Check Your Equity: Determine if you’ve reached at least 20% equity in your home. This can be through paying down your mortgage, market appreciation, or home improvements.
Contact Your Lender: Request their specific requirements for PMI removal
Request a PMI Removal Appraisal: A professional valuation is typically required. Contact a certified real estate appraiser to conduct an appraisal of your home. This appraisal will provide the necessary proof of your home’s current value.
Submit to Your Lender: Provide the appraisal report to your lender along with a written request to cancel PMI. Your lender will review the appraisal and your payment history before making a decision.
Cancellation: If approved, your lender will cancel your PMI, reducing your monthly mortgage payment.

Why Choose Benson Appraisals for Your PMI Removal Appraisal?

At Benson Appraisals, we specialize in PMI removal appraisals, helping homeowners save money by eliminating unnecessary insurance premiums.

When you work with Benson Appraisals, you can expect:

Expertise: Our team of certified appraisers has extensive experience in conducting accurate and reliable appraisals for PMI removal.
Efficiency: We understand the urgency of removing PMI and work quickly to provide you with the appraisal report you need.
Client-Centered Service: We offer a free initial consultation to help you determine if you’ve reached the equity threshold required to cancel PMI, and we guide you through every step of the process.

Remember:

Lenders won't automatically remove PMI when you reach 20% equity
You are your own best financial advocate
Even small monthly savings can add up significantly over time

Request a Free Quote on your PMI Appraisal

If you’re ready to stop paying for unnecessary PMI and start saving money, contact us today for a free quote on your PMI removal appraisal. Call us at 480-926-8528 or fill out our quick online free quote request form. Let's work together to keep more money in your pocket and less in your lender's!