About PMI

If you are currently paying PMI (Private Mortgage Insurance) on the mortgage for your home it is possible that with upgrades (finished basement, new kitchen and baths, ect...) and an increase in property values since your purchase, you may be able to have the PMI removed.

Axia is intimately familiar with current market values in the New York Metro and Long Island areas. Typically all a mortgage company requires to remove PMI is a current appraisal indicating a loan to value percentage under 75% to 80%.

If you are currently paying PMI you can contact your mortgage company and they can provide you with the specific requirements needed to have your PMI removed.

If you would like to order an appraisal or have any questions please call Arthur@516.361.2345.