Anonymous
Post 06/28/2016 21:36     Subject: Anyone know of mortgages that allow PMI to disappear at something lower than 20%
Op here. Pmi goes away in 2021.
Anonymous
Post 06/28/2016 15:03     Subject: Anyone know of mortgages that allow PMI to disappear at something lower than 20%
Anonymous wrote:What about an upfront PMI option? We did that when we bought our house 8 years ago and IIRC it only cost us something like $1,800? On a monthly basis it would have added up to much, much more.


We'd need to know how quickly OP can reach 20% equity after the refinance to figure out if that makes sense. . .
Anonymous
Post 06/28/2016 14:43     Subject: Anyone know of mortgages that allow PMI to disappear at something lower than 20%
What about an upfront PMI option? We did that when we bought our house 8 years ago and IIRC it only cost us something like $1,800? On a monthly basis it would have added up to much, much more.
Anonymous
Post 06/28/2016 14:25     Subject: Anyone know of mortgages that allow PMI to disappear at something lower than 20%
That seems unlikely to me. Possibly you could refinance into an 80/20 loan, or similar?
Anonymous
Post 06/28/2016 12:38     Subject: Anyone know of mortgages that allow PMI to disappear at something lower than 20%
We are looking to refinance because rates are lower, and I"d love to find a lender that allows our PMI to go away earlier than 20% of house's value.