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Money and Finances
Reply to "Want out of our lousy bubble-era mortgage - what are our odds?"
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[quote=Anonymous]$510k of $600k is still 85%. That's workable with PMI, my lender said PMI can be bought out for a point or two at closing. Or at least that is what I thought he said, others might have to confirm. If calling lenders doesn't work, then consider doubling down on paying the 2nd trust. Can you swing something -- a 401k loan, a loan against something else, etc., -- to get you the magic $30k? Check your place out on Zillow. Use that in lieu of a 'real' appraisal. [/quote]
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