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re: PMI Question
Posted on 4/13/19 at 3:26 pm to HYDRebs
Posted on 4/13/19 at 3:26 pm to HYDRebs
quote:
lso, it doesn't automatically drop off until 78%. You will typically have to do a couple steps with your mortgage company when you get to or think you hit 20% equity. Those steps are usually fairly simple though.
Typically you have to contact them and ask that it be removed. They may ask you for a statement in writing your wish to have the account reviewed. If you meet their criteria they will drop it.
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