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re: Refinance to eliminate pmi?

Posted on 1/11/13 at 6:44 am to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8542 posts
Posted on 1/11/13 at 6:44 am to
Ask your lender about prepaying PMI. I'm not sure of all the details, but it saved us a ton of money by bringing a little extra to closing. I think we paid $1000 up front to save paying $100/month for 2-3 yrs. I don't have the exact numbers but it was somewhere in that ballpark.
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