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re: Am I entitled to a refund of my PMI?
Posted on 6/27/13 at 12:19 pm to hawkeye007
Posted on 6/27/13 at 12:19 pm to hawkeye007
Why would someone want to pay PMI over a long time? I though once someone build 20% equity, one could do away with it.
Posted on 6/27/13 at 12:23 pm to fishfighter
It lowered my monthly payment by over $150 dollars. I never thought I'd live in the house long enough to get above 20% equity, just didn't see myself having to sell this soon.
Posted on 6/28/13 at 11:18 am to fishfighter
My understanding is sometime this year, all new FHA loans that require PMI will have to have PMI through the life of the loan.
Somebody who knows better to me might speak to this. I heard this from a couple of realtors.
Somebody who knows better to me might speak to this. I heard this from a couple of realtors.
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