PMI (Private Mortgage Insurance) REMOVAL

 

    

     If you purchased your home within the last 10 years and did not put down more then 20% of a down payment then you may have an active PMI account.   PMI is an insurance policy that protects the lender due to the lack of initial equity.  If you have 20% equity (sometimes 25% is required)  then you no longer need to pay this PMI payment (which is included in your monthly payment).

 

     First Jersey Appraisal Group has assisted numerous homeowners successfully accomplish this task.  It is a very simple process but the PMI company is not about to call you and tell you what to do. They are perfectly content sitting back and collecting your PMI payments for the full 15 or 30 years of the loan. This payment can be as high as $150 per month for some homeowners.

 

LET US HELP YOU SAVE MONEY!

 

     We will take you step by step through the entire process. You may be able to reduce your monthly mortgage payment in as little as 30 days!