Here are some simple steps that you can take to help lower that payment.

1. Drop your PMI. A reappraisal done on your home can help show there is 20% of equity in it.
2. Talk to a local insurance agent!  Make sure you’re only paying for the insurance you need on your home. Proper coverage on your home insurance can save you hundreds a year and thousands off your mortgage.
3. Fight your tax assessment. Lenders will over compensate for the tax assessment that is figured into your monthly payment because they don’t want a lien put on their investment. Government liens take priority.

Taking a minimal step save Polk County Residents an average of $3,000 per year without having to refinance.