PMI Termination Check

Live. Still billing private mortgage insurance? Homeowners Protection Act 80%, 78% and midpoint dates, cancellation requests, and premiums to refund.

Send up to 2,000 home loans with original principal, rate, term, first payment date, sales price or appraisal, payment history and premium dates. Applies the Homeowners Protection Act, 12 U.S.C. 4901-4902: original value (lesser of price or appraisal; refinance appraisal), the 80% borrower-cancellation date and the actual-balance route with good payment history, current status, no value decline or junior liens; automatic termination at 78% (or the month after the borrower becomes current); high-risk loans (77% for non-conforming); final termination after the amortization midpoint; no premiums more than 30 days after termination and unearned premiums returned within 45 days. Not legal advice. Nothing stored.

Price: $0.001 per call after 1,000 free per month.

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