Text or Call Us 203-470-5434
The PMI Killers will get rid of your monthly private mortgage insurance, or you won’t owe us a thing. Fully licensed, experienced mortgage professionals with an attitude who will put money back in your pocket.
Private mortgage insurance (pmi) is an insurance policy that you, the borrower pays on behalf of the bank to protect them against default. PMI is required on most loans when the borrower finances more than 80% of the purchase price. If the borrower defaults, the bank collects their loss from that insurance company that they require you to pay for. Since it is private, a borrower’s bank can get the insurance from many private sources and charge the consumer. Typically you have no control over which insurance company’s policy the bank will make you pay.
Great question. FHA backed mortgages require “mortgage insurance” which is a fee that goes directly to the FHA. While similar to private mortgage insurance, there is only one source for insurance… the Federal Housing Administration. The PMI Killers can get rid of that too!
Call us at 203-470-5434 or fill out the form below to learn if you and your home will qualify to remove the PMI portion of your mortgage payment. If we can't remove your PMI you don't owe us a thing!
Typically, most Fannie Mae and Freddie Mac mortgages automatically remove pmi once you have paid the loan down and have less than 78% loan to value. This can take ten years using a regular mortgage amortization payoff.
Call us at 203-470-5434 or fill out the form below to learn if you and your home will qualify to remove the PMI portion of your mortgage payment. If we can't remove your PMI you don't owe us a thing!
Private Mortgage Insurance is in place to protect the bank if you default on your payments. With the rapid appreciation in home value, you may no longer need to be making those expensive PMI payments.
Call us at 203-470-5434 or fill out the form below to learn if you and your home will qualify to remove the PMI portion of your mortgage payment. If we can't remove your PMI you don't owe us a thing!
Contrary to popular belief, it is 100% possible to get approved for a home loan without PMI when you have less than 20% to put down. We wrote an article, which you can read here explaining how
If you financed more than 80% of your mortgage, you are probably paying private mortgage insurance. That’s right, you are paying the bank’s insurance policy in case you default ! With record home appreciation, you might not have to pay it anymore. Don’t wait for the bank to call you, get the PMI Killers on it. Call us at 203-470-5434 or fill out the form below to unleash the power of the PMI Killers.
NMLS: 22313
Terry has been in the real estate and mortgage business for over 30 years. He teaches Continuing Education to real estate agents in more than seven states and is an expert on the appraisal process. An award winning mortgage producer featured in Hearst Newspapers, Terry is ready to fight for you.
NMLS: 1529335
Shea has been in the mortgage business for the past six years, and has quickly risen to a role as an award-winning Division Manager with Total Mortgage. A native of Texas, Shea ‘s Lone Star attitude will get you fast results.
NMLS: 1603259
Jessica has been with Total Mortgage since 2018 and is an expert with social media, underwriting and creativity. Her unrelenting efforts and spirit have combined with Terry for over $100 million dollars in mortgages in each of the past two years. Just let Jessica loose on your current bank.
NMLS: 2106149
Cristin joined Total Mortgage and the PMI Killers after a ten year career in real estate which included the select Five-Star Award. Her passion to do the right thing means Cristin will never give up fighting for you. Formerly a Professional Effectiveness Coach, you need Cristin on your side.
