<prompt> Human: Ive had my house for 10 years and the tax valuation has never budged until this year, it went up 27.My possibly flawed understanding of Appraised vs Assessed value for my area Duluth, MN, US - East HillsideChester neighborhood is that Assessed value is normally about 90 of Appraised value.With this Assessed jump, my LTV using Outstanding Balance Assessed Value 76.8If I press my mortgage holder Wells Fargo, what are the odds I can get by without an appraisal?EDIT:As part of some financial maneuvering which Ill probably expand on in a different post Im getting an appraisal. I have not yet verified with WF what the requirements are to get rid of PMI, but I will update this post when I do if for no other reason then to simply confirm that the answer to my original question is no.Of interest: the local CU will do a home equity loan or line of credit based on tax assessment they will do like this: .9 assessed_value - loan_balance but that isnt applicable here since it needs to be current year whereas my increase is for 2018.  <response>: Assessed value wont help at all. Youll probably need an appraisal, but WF may be willing to do it based on original appraised value. It is very likely spelled out in your loan documentation. 