PMI Removal and Home Equity Appraisals
What a servicer reviews in a PMI removal appraisal: the Homeowners Protection Act tests, original vs. current value, who orders it, who decides.
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PMI Removal Appraisals: What the Servicer Reviews
9 min read
- 01What the Homeowners Protection Act actually requires
- 02Original value and current value are two different questions
- 03Who orders the appraisal
- 04What the servicer reads in the report
- 05Houses around Claremont where the evidence gets harder
- 06What does not count as a PMI removal appraisal
- 07What an appraisal cannot do here
- 08Next step
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