MFC HOME APPRAISALS INC
PALM BEACH GARDENS, FLORIDA

Let MFC Home Appraisals Inc help you determine if you can eliminate your PMI A 20% down payment is typically accepted when getting a mortgage. Because the risk for the lender is often only the remainder between the home value and the amount due on the loan, the 20% provides a nice buffer against the charges of foreclosure, reselling the home, and regular value variationsin the event a borrower doesn't pay. Because the $40-$50 a month per $100,000 borrowed is compiled into the mortgage monthly payment and many times isn't even tax deductible, PMI can be costly to a borrower. It's money-making for the lender because they obtain the money, and they get the money if the borrower doesn't pay, unlike a piggyback loan where the lender takes in all the costs. The hardest thing for most home owners to understand is just when their home's equity rises above the 20% point. An accredited, licensed real estate appraiser can definitely help. As appraisers, it's our job to recognize the market dynamics of our area. At MFC Home Appraisals Inc, we know when property values have risen or declined. We're experts at identifying value trends in Jupiter, Palm Beach County and surrounding areas. Faced with figures from an appraiser, the mortgage company will generally cancel the PMI with little effort. At which time, the home owner can retain the savings from that point on. For years, mortgage lenders and consumers, as well as other real estate professionals have called upon our expertise to provide high-quality appraisals on all types of homes in Palm Beach County. By continuously keeping up with local real estate trends in Palm Beach County and refreshing our knowledge regarding valuation techniques through accredited courses, we've been consistently able to produce reliable home valuations for our clients. For any of the following valuation services in or around Jupiter, Florida, just call MFC Home Appraisals Inc: Do you have a question relating to real estate appraisals? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.