05/26/2026
Many homeowners don't realize they may no longer need to pay Private Mortgage Insurance (PMI).
If you purchased your home more than four years ago, there is a good chance your home's value has increased and you may have enough equity to qualify for PMI removal. With rising costs for groceries, gas, insurance, and property taxes, now may be a great time to contact your mortgage servicer and ask what steps are required to remove your mortgage insurance.
Other money-saving tips:
• Review your homeowners insurance annually for better rates.
• Make sure you are receiving all property tax exemptions you qualify for.
• Consider making an extra principal payment each year.
• Review your monthly subscriptions and recurring expenses.
• Check your mortgage interest rate and loan options.
If you are considering refinancing, we have relationships with mortgage lenders and banks that may be able to help. We would also be happy to provide a complimentary home value review to help you better understand your current equity position.