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re: Is avoiding PMI that important?
Posted on 3/5/15 at 9:52 am to ItNeverRains
Posted on 3/5/15 at 9:52 am to ItNeverRains
And you have to pay that additional 2% of loan amount until you have 20% equity?
2
Posted on 3/5/15 at 10:07 am to LSUtoOmaha
NM
This post was edited on 3/5/15 at 10:10 am
Posted on 3/5/15 at 10:07 am to LSUtoOmaha
No, 2% of the loan amount (not the loan rate) gets added to the loan amount and then you just pay off the loan
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