Phone: (520) 458-4001 | Toll Free: (855) 458-4001
We work with people, not paper.

Phone: (520) 458-4001 | Toll Free: (855) 458-4001
We work with people, not paper.

Tuesday, October 23, 2018
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Phone: (520) 458-4001
Toll Free: (855) 458-4001
Fax: (520) 458-4002
PRIVACY
MB0929056,
NMLS #187154
Email:
Info@efedwardsfinancial.com

Phone: (520) 458-4001
Toll Free: (855) 458-4001
Fax: (520) 458-4002
PRIVACY
MB0929056,
NMLS #187154
Email:
Info@efedwardsfinancial.com

PMI Cancellation

Mortgage insurance can usually be canceled by the home buyer after he or she has at least 20 percent equity in the home. Borrowers should contact their servicer to find out the procedure for canceling mortgage insurance when they think they have achieved 20 percent equity. Guidelines for canceling private mortgage insurance are set by investors. Typically, investors will require an appraisal on the property. The servicer can recommend qualified local appraisers.

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