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No PMI With Less Than 20% Down, Is This Possible?






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Title :  No PMI With Less Than 20% Down, Is This Possible?
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Ria Calderon
 Hi, we're closing next month for a newly built house with a 10 downpayment Appraisal came in and the cost approach is 8 of the purchased value If I put 12 downpayment + equity of 8 that makes 20, can I request to cancel the pmi upfront even before closing?
Comment from : Ria Calderon


Rina Kat
 Thank you! No one is talking about lender paid mortgage insurance I am currently in underwriting for a lender paid mortgage insurance product, and now I’m going to ask for an estimate of the borrower paid insurance product This will be my forever home, so I need to see which is better for me long term
Comment from : Rina Kat


bizzyfit
 Thank you, I was wondering if one made more financial sense
Comment from : bizzyfit


Asti Wine Consultants, Ltd
 Hi there,brAs a Boss, I'm here to support youbrGreat information I didn't know about the 2 different PMIsbrbrLCSW completelybrPlease reciprocatebrCheers!!brPierre
Comment from : Asti Wine Consultants, Ltd



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