- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Am I entitled to a refund of my PMI?
Posted on 6/27/13 at 11:22 am to Shenanigans
Posted on 6/27/13 at 11:22 am to Shenanigans
That PMI was probably for the first year while the year 2 premium would be escrowed. Therefore, you should get back the unused 2 months of year 1 and any escrowed amount for year 2. The same goes for you other insurance.
1
Posted on 6/27/13 at 11:32 am to MG
Thanks for the reply. My understanding during the loan and closing process was that the mortgage company I used (Franklin American Mortgage FWIW) was paying the PMI upfront and then financing all the PMI over my 360 payments, meaning my payment would never go down even once I got below 80% LTV.
I'm planning on speaking with my guy at Franklin American today about it, but want to make sure I have all ammunition ready when we discuss.
I'm planning on speaking with my guy at Franklin American today about it, but want to make sure I have all ammunition ready when we discuss.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News