Mickey Mooney Appraisal Service

Real Estate Appraisal and Consulting
Serving West Tennessee Since 1988

129 N. Brewer St.
Paris, Tn 38242
Phone: 731-642-5779 / Fax: 731-642-9218





Eliminate PMI Insurance

Private Mortgage Insurance (PMI) is a premium paid to lenders for the risk of accepting a high percentage loan (ie - in excess of 80% loan to value ratio). When your loan is paid down below the 80% mark, or if you make significant improvements to your property, or if values in your area go up, you can apply to have PMI removed. Typically the lender will require a current appraisal before they will consider PMI removal.

You may be eligible to reduce your Mortgage Costs by eliminating PMI Insurance.



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Last modified: 02/06/2005