03-19-2003, 12:13 PM
The other thing about PMI is that it does not go away on its own. You have to contact your mortgage lender when you think you have 20% or more equity in your home. They will then send someone out to re-appraise your home. If, after this new appraisal, you have more than 20% equity then you can request that they stop paying PMI every month. In most cases, this is found money for the mortgage companies because people just never get around to cancelling the PMI, so they pay it foreva.
<center>Special thanks to a certain file server for obliterating my pics......assholes!</center>
<center>What the fuck are YOU looking at?</center>
<center>What the fuck are YOU looking at?</center>