Your Home's Increased Value Could Save You Money
Has Your Home Increased in Value? You Might Be Paying PMI You No Longer Need!
If you purchased your home several years ago with less than 20% down, you might still be paying Private Mortgage Insurance.
But your home's value may have increased significantly since then.
Under certain Fannie Mae and Freddie Mac guidelines, eligible homeowners can request PMI cancellation based on their property's current value.
And here's the best part: You may not need to refinance!
That means you could potentially eliminate an unnecessary monthly expense while keeping your existing mortgage interest rate.
I can help you understand the requirements and the questions to ask your mortgage servicer. With your authorization, I'm also happy to help contact your servicer.
For more information Click Here
Robert (Rob) Clark | Home Loan Consultant
Firestone Financial Group
Cell: (209) 227-7745
Cell: (559) 476-9279
rbrtclark53@gmail.com
www.RobertClarkLoans.com
NMLS #357788 | Firestone Financial Group NMLS #301522
CA DRE #01148307 | Equal Housing Lender
PMI cancellation based on current property value is subject to applicable investor and servicer guidelines, loan seasoning, loan-to-value requirements, payment history, and acceptable property valuation. Eligibility is not guaranteed.
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.