Remove PMI and Save Money with Local Certified Appraisals

Are you a Tallahassee homeowner still paying Private Mortgage Insurance (PMI)? Under the Homeowners Protection Act, you can request cancellation of PMI once your mortgage balance reaches 80% of your home’s original value—and lenders are required to terminate it at 78% automatically.

At Property Appraisals Tallahassee FL, we specialize exclusively in PMI removal appraisals. Our licensed appraisers assess your property to document its current market value, enabling you to meet lender requirements without the need for refinancing.

How the Process Works

1. Verify Eligibility Confirm that your Loan-to-Value (LTV) ratio is 80% or less, based on either your home’s purchase price or its current appraised value.

2. Schedule an Appraisal We conduct a detailed inspection and produce a certified appraisal report that lenders trust.

3. Submit to Lender Present the report along with a written PMI cancellation request.

4. Lender Action If your LTV meets the criteria and you are current on payments, your lender must remove PMI—saving you money each month.

Why You Should Act Now

• Stop Unnecessary Expenses PMI costs typically range from 0.3% to 1.5% of the loan amount annually, meaning you may be paying hundreds of dollars each month needlessly.

• Avoid Overpaying Waiting for automatic cancellation at 78% LTV can result in thousands of dollars in excess spending.

• Utilize Rising Equity If your home value has increased—or if you’ve made improvements—you may qualify for early cancellation with a new appraisal.

Why Choose Our Experts

• Local Knowledge With over 20 years of service to Tallahassee and Leon County, we have experience handling PMI removal cases.

• Lender-Compliant Reports Our appraisals are accepted by major lenders, which helps avoid delays or denials.

• Fast Results and Savings Start saving immediately once PMI is canceled.