Can you appraise your house to get rid of PMI?

Can you appraise your house to get rid of PMI?

For homeowners with a conventional mortgage loan, you may be able to get rid of PMI with a new appraisal if your home value has risen enough to put you over 20 percent equity. However, some loan servicers will re-evaluate PMI based only on the original appraisal.

See also  Are travel expenses 100% deductible?