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re: Question about PMI

Posted on 1/20/20 at 9:48 pm to
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17279 posts
Posted on 1/20/20 at 9:48 pm to
If you are borrowing 300k you need the total house land etc to appraise for 375 to reach 20% equity to avoid PMI
Posted by CE Tiger
Metairie
Member since Jan 2008
41584 posts
Posted on 1/20/20 at 9:55 pm to
if you’re building don’t you need a construction loan which is 20% down anyway?
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