313 S. Pleasant St.
Prescott, AZ. 86303
phone= 928-778-9397
fax= 928-708-9069
Cliff Piequet
Lief Jensen
Rashell Dunez
David M. Snyder
Phone: 928-778-9397
APPRAISAL SERVICES COMPANY OF PRESCOTT, AZ., INC.
SAVE MONEY ON YOUR MORTGAGE By Eliminating Your PMI
Insurance
If you put less than 20% cash down when you purchased
your home, you were required to purchase Private Mortgage Insurance (PMI) by the
lender. This insurance may add from $25 to $100 to your monthly payment. You may
remove this insurance if you can prove that the equity in your home exceeds 20%
of its current value.
With the significant appreciation we have experience
in the last several years, it is more than likely you can qualify for this. This
is where we can help.
We can provide a independent appraisal of your home
which is what the mortgage holder will require to eliminate you PMI. You then
simply send
a copy of the appraisal to your lender and begin saving on your monthly
payments. This insurance protects the lender in case of default on your
loan. It does not provide you with any insurance protection. So there is
no advantage to keep paying those monthly premiums.
Please contact your PMI Professionals
below for more information!