Introduction (PMI Removal)

A popular money saver for homeowners in the last few years is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". When a lender makes a homeowner a loan that is above 80% of the home's value the lender is required by federal regulations to insure that portion of the loan that is above 80%. Guess who pays for it? You, the consumer, of course. However there is no need to pay for it for the life of your loan. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. Remsing Products Page

An important point is that we would like to stress is that your loan balance should be below 80% of your home's value. That is your home's current value, which is not necessarily what you paid for your home. So it doesn't mean that your loan balance has to be below 80% of the original sales price. Paying down the loan via monthly payments is one way to decrease the loan to value ratio, however your house may have appreciated in value since you purchased it. In addition if you have made significant improvements to your home the value may have increased.

Key Benefits         Establish how much equity you have         Reduce your mortgage payment         Use savings to build equity faster

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  Capabilities

Our high-tech equipment and appraisal software helps keep our "paperwork" to a minimum. The office is equipped with digital mapping, flood, census, photos, and signatures. We process each appraisal fast and without error.

Rapid Turnaround         We are fast, appointments are generally scheduled within 24 hours. Reports are           done within 48 hours of inspection.    Fully Digital         Our office has made a large investment in state of the art technology allowing for           unprecedented accuracy.    Electronic Delivery         We send your report that day. You receive it as an email attachment and print it           at your office. If you require it can be sent overnight mail.

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Reference Accounts
Steve Gatter	Countrywide Funding	(215) 322-3700
Dominic Visco	Action Mortgage	(215) 355-7849
Dan Ryan	American Property Reports	(215) 289-7400
Dan Weissenberg	Aurora Financial	(800)-397-9685
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