✨ Attention Homeowners! ✨
If you bought your home with less than 20% down and have owned it for over 2 years, this message is for you! 🔑🏡
Not quite at the 2-year mark yet? No worries—save this post so you can come back to it later! 📌
Chances are, with a smaller down payment, you’re paying private mortgage insurance (PMI). But here’s the good news—you might be able to drop it before it automatically falls off at 78% loan balance!
Here’s how:
With home values on the rise, your equity (the amount you’ve paid plus the growth in your home’s value) may have grown more than you realize. Once you hit 20% equity, you can request your lender remove PMI. You’ll likely need a valuation or appraisal to confirm your home’s current value especially if you’ve made some upgrades.
Enjoy the extra savings with lower mortgage payments once PMI is gone! 💸
Wondering if you’ve hit that 80% mark? Send me a message, and I’ll help you figure it out with a free property analysis! 😊
#MortgageSavings #HomeEquity #RealEstateTips #PMIRemoval #HomeOwnership #PropertyAnalysis #GreenvilleRealEstate #SCRealtor #HomeBuyers #HomeSellers
✨ Attention Homeowners! ✨*See Comments*
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