Pre-Listing Appraisals
Know your home's value before listing. Data-driven pricing strategy for sellers and agents.
USPAP compliant
PMI Removal Appraisals
USPAP CompliantLender-Ready
Stop paying for insurance
you no longer need.
Prove your home's current value to your lender and eliminate private mortgage insurance. A $600 appraisal can save you thousands per year in PMI premiums.
$600
Starting fee
5
Business day turnaround
80%
LTV threshold for cancellation
What This Is
An appraisal that pays for itself
If you purchased your home with less than 20% down, you’re likely paying Private Mortgage Insurance (PMI). Under the Homeowners Protection Act of 1998, you can request PMI cancellation once your loan-to-value ratio reaches 80%.
If your home has appreciated since purchase — through market conditions, improvements, or both — a current appraisal documents the value your lender needs to approve cancellation. The appraisal fee is typically recouped in just a few months of PMI savings.
When You Need One
Common scenarios
A PMI removal appraisal makes sense any time you believe your equity has reached the 80% LTV threshold.
Your Home Value Has Increased
Rising home values may have pushed your loan-to-value ratio below 80% even without paying down the principal. An appraisal proves the current value to your lender.
You've Made Significant Improvements
Major renovations like a kitchen remodel, added square footage, or a new roof can increase your home's value enough to cross the 80% LTV threshold for PMI cancellation.
You've Paid Down Your Mortgage
Between regular payments and market appreciation, your equity may have grown to the point where PMI is no longer required. An appraisal documents the current value your lender needs.
Your Lender Requires an Appraisal
Under the Homeowners Protection Act of 1998, lenders may require a current appraisal before approving borrower-requested PMI cancellation at 80% LTV. We provide the report your lender needs.
Our Process
How it works
A straightforward process designed to get you from order to PMI cancellation request as quickly as possible.
1
Check With Your Lender
Before ordering an appraisal, confirm with your lender that they accept third-party appraisals for PMI removal. Some lenders require the appraisal to be ordered through their own panel. We can help you understand the requirements.
2
Property Inspection
A full interior and exterior inspection documents the property's current condition, features, upgrades, and any improvements since purchase. We photograph and measure to ANSI Z765 standards.
3
Market Analysis & Valuation
We analyze recent comparable sales and market conditions to develop a well-supported current market value. Every adjustment is documented so the lender's review team can verify the analysis.
4
Report Delivery
You receive a USPAP-compliant appraisal report showing the current market value. Submit it to your lender with your PMI cancellation request. We are available to answer any lender follow-up questions.
What You Get
Lender-ready deliverables
Everything your lender needs to process your PMI cancellation request, formatted for their review team.
- USPAP-compliant appraisal report showing current market value
- Comparable sales analysis with documented adjustments
- Property condition documentation with interior and exterior photos
- ANSI Z765 measurement of living area
- Report formatted for lender PMI review submission
- Appraiser available for lender follow-up questions
Pricing & Turnaround
Transparent fees
Final quotes depend on property complexity, location, and timeline requirements.
starting
$600
Standard PMI Removal Appraisal
Full interior/exterior inspection, USPAP-compliant report formatted for lender PMI review submission
5 business days
quote
Custom
Complex Property
Larger homes, acreage, unique improvements, or properties requiring extended comparable research
7-10 business days
FAQ
Common questions
Answers to the questions we hear most from homeowners looking to remove PMI.
What is PMI and why do I have it?
Private Mortgage Insurance (PMI) is required by conventional lenders when a borrower puts down less than 20% on a home purchase. It protects the lender — not you — in case of default. PMI typically costs between 0.5% and 1% of the loan amount per year, which can add hundreds of dollars to your monthly payment.
When can I request PMI cancellation?
Under the Homeowners Protection Act of 1998, you can request PMI cancellation when your loan-to-value ratio reaches 80% based on the current value of your home. This can happen through principal paydown, home appreciation, or a combination of both. Your lender may require a current appraisal to verify the value.
What about automatic PMI termination?
PMI is automatically terminated when your loan balance reaches 78% of the original purchase price based on the original amortization schedule. This is based on the original value — not the current value. If your home has appreciated, requesting early cancellation at 80% LTV based on current value can save you months or years of PMI payments.
Does this apply to FHA loans?
No. FHA Mortgage Insurance Premium (MIP) operates under different rules than conventional PMI and is not subject to the Homeowners Protection Act of 1998. For most FHA loans originated after June 2013, MIP is required for the life of the loan. The primary way to eliminate FHA MIP is to refinance into a conventional loan once you have sufficient equity.
Will my lender accept an appraisal I order myself?
It depends on the lender. Some lenders accept third-party appraisals for PMI removal, while others require the appraisal to be ordered through their approved panel. We recommend calling your loan servicer first to confirm their specific requirements. We can provide guidance on what to ask.
How much can I save by removing PMI?
PMI typically costs between 0.5% and 1% of the loan amount per year. On a $300,000 loan, that is $1,500 to $3,000 per year — or $125 to $250 per month. A $600 appraisal that eliminates PMI can pay for itself in just a few months of savings.
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Ready to drop PMI?
Tell us about the property and we’ll confirm scope, fee, and turnaround within one business day.