Posted on: 10th Oct, 2012 01:00 am
I originally bought my house for 525,000. I owe 452,000. I was thinking I need to appraise 20% above $452,000. I have spent over $40,000 in improvements. My house appraised for $560,000. On a refi now all the numbers are recalculated and I will have to pay PMI still? So for every 10k in improvements I need to have 2k more in equity or cash?
Hi Guest!
Welcome to forums!
To know all about mortgage refinance, check out the given page:
http://www.mortgagefit.com/refinance.html
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
To know all about mortgage refinance, check out the given page:
http://www.mortgagefit.com/refinance.html
Feel free to ask if you've further queries.
Sussane