Private Mortgage Insurance Archives

How To Cancel Mortgage Insurance

December 12, 2019
Vantage Mortgage Group
Housing Market, Mortgage, Private Mortgage Insurance

Cancellation based on original value The Homeowners Protection Act (HPA) provides conditions for you to request cancellation and for automatic cancellation by your lender based on the original property value. Original value means the lesser of the sales price and…

Private Mortgage Insurance (PMI) – What you need to know

February 21, 2018
Vantage Mortgage Group
Mortgage News, Private Mortgage Insurance, Vantage

Rising home values mean you can potentially eliminate costly monthly mortgage insurance. Refinance into a conventional loan with no monthly PMI payment. Potentially save hundreds of dollars each month. Keep more money in your pocket each month.