Skip to content

How To Get Rid of Private Mortgage Insurance

February 7, 2013

Insurance stop light

The Easiest and Quickest Way – Refinance

If you have a FHA or conventional loan, the easiest way to dump your mortgage insurance is to refinance. When you refinance, you have to do a new appraisal, and if you have established 20% equity, then you don’t need mortgage insurance!

If you don’t have 20% equity but have some cash to pay down the mortgage, refinancing may still be a better option rather than just paying down the existing loan and hoping the lender will approve your request to remove the mortgage insurance.

NEED TO REFINANCE?
FOR A FAST PRE-APPROVAL: Complete a loan application on our websitehttp://pmccanhelp.com/mortgage_application.php

Follow our Mortgage on:
http://www.facebook.com/pmccanhelp
http://twitter.com/pmccanhelp
http://www.linkedin.com/in/pmccanhelp

Follow our Realty on:
http://www.facebook.com/pmcrealty,
https://twitter.com/pmcrealty
http://www.linkedin.com/

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: