down payment - Mortgagefit

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down payment

jameshogg

Posted on: 09th Jan, 2011 08:06 am

My wife and I just found out that we have a PMI, that was because we put a small down payment and we understand that. My question is, how can we get rid of the PMI? Should we get rid of it since we have made our mortgage payments on time for the past two years?

Total Reply : 2

Hi tommyp,

Check out the given page in order to know how you can cancel PMI:
http://www.mortgagefit.com/discuss/cancel-pmi.html

Thanks

jameshogg

Posted on: 09th Jan, 2011 06:31 pm

Is your loan a conventional or FHA loan?

tfaulhaber1

Posted on: 10th Jan, 2011 08:27 am

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