Replies

To: nufsed; Mashood

Thanks folks. It's slowly coming back to me. "Prepaid PMI" vs recurring PMI payments.

Then I was correct in remembering a full-blown refinance wasn't required to drop the PMI.

12 posted on 04/02/2009 1:40:48 PM PDT by LTCJ (God Save the Constitution - Tar & Feathers, The New Look for Spring '09)

To: LTCJ

Typically, once the mortgage is brought down to 80% or below, a letter to your mortgage lender requesting deletion of the PMI should suffice.

13 posted on 04/02/2009 1:49:52 PM PDT by Mashood

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