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.

Mission Statement:

I firmly believe in the Golden Rule or Law of the Prophets, "So in everything, do to others what you would have them do to you,"
Matthew 7:12 NIV

I am committed to Servant/Leadership based on a high Code of Ethics, Honesty, Integrity and Fairness throughout the transaction and beyond implementing the Keller Williams Realty Value and Belief Systems.
 

Real Estate Tips Jessie Teehee REALTOR®, Keller Williams Realty Northwest Oklahoma City

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