re: PMI bullshite

quote:

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If you re-finance do you have to start over and pay off 20% of the refi amount or is it still 20% of the original loan amount?

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When you refinace, you go by appraised value. So, in order to get out of PMI on a refi, you must have at least 20% equity in the home. This is determined by the appraisal.