June 6, 2018
Paying Private Mortgage Insurance?
Paying Private Mortgage Insurance? If you’re currently making a Private Mortgage Insurance (PMI) payment as part of your mortgage payment every month, you may not need to. Once your balance falls to 78% of the original mortgage, your lender has to cancel it. However, you may be eligible to get out of those pesky PMI payments sooner. This article at Bankrate.com talks about steps you can take.