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re: PMI roll off
Posted on 9/29/17 at 12:06 pm to RandySavage
Posted on 9/29/17 at 12:06 pm to RandySavage
With Wells Fargo, mine automatically came off at 78% and I didn't have to do anything.
Some people say you can "request" to have it taken off at 80% but I don't really understand that as you can also just request to have it taken off at 83% or 88% or whatever, they are still going to tell you no either way.
Some people say you can "request" to have it taken off at 80% but I don't really understand that as you can also just request to have it taken off at 83% or 88% or whatever, they are still going to tell you no either way.
1
Posted on 9/29/17 at 1:23 pm to PhiTiger1764
quote:
Some people say you can "request" to have it taken off at 80% but I don't really understand that as you can also just request to have it taken off at 83% or 88% or whatever, they are still going to tell you no either way.
Well if you request it at 80% they won't say no, they'll make you pay for an appraisal and if that comes back at at least the 80% value then they will remove it.
But anything above 80% then yes, they will tell you to GFY then
This post was edited on 9/29/17 at 1:26 pm
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