PMI Removal Appraisals
An independent residential appraisal may be requested as part of a homeowner's effort to have a mortgage servicer review private mortgage insurance (PMI) removal eligibility.
Request an Appraisal →How an appraisal may fit into the process
Some mortgage servicers may require or accept a current opinion of property value when reviewing a request to remove PMI. The applicable rules depend on the loan, investor guidelines, payment history, seasoning requirements, and the mortgage servicer's procedures.
Before ordering an appraisal, contact your mortgage servicer to confirm whether an appraisal is required, what type of report they will accept, and whether they have specific instructions for the appraiser. An appraisal does not guarantee PMI removal or determine the servicer's final decision.
Information to have ready
- Property address
- Mortgage servicer's appraisal instructions, if provided
- Reason for the appraisal and any required effective date
- Relevant timing requirements
Discuss your property
Certified Texas Appraisals, LLC provides private residential appraisal services in New Braunfels and surrounding Central Texas communities. Contact us to discuss the property, intended use, scope, fee, and timing.
Request an appraisal or call (210) 862-6805.