PMI Removal

Can a High Appraisal Eliminate PMI in Chicago?

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House with text about eliminating PMI through appraisal

Can a High Appraisal Eliminate PMI in Chicago? If you’re a homeowner in Chicago or its surrounding suburbs, you may be wondering: can a high appraisal eliminate PMI? The answer is yes — in many cases, a strong home appraisal can be the key to removing private mortgage insurance (PMI) and lowering your monthly payments. … Read more

How a Real Estate Appraiser Can Help You Remove PMI Faster in the Chicago Market

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Speed up PMI removal with these tips from real valuation services

If you purchased a home in the Chicago area with less than 20% down, you’re likely paying Private Mortgage Insurance (PMI). While PMI protects lenders, it’s an added monthly cost for homeowners—often several hundred dollars. The good news? A local real estate appraiser can help you remove PMI sooner by documenting increased equity in your … Read more