PMI
By dref011039
@dref011039 (1)
United States
November 3, 2006 6:02pm CST
What is the law,rule,regulations pertaining to the cancelling of PMI. We put down 15%, we brought our house below the FMV and have over 20% equity now. The lender is stating that equity based soley on appreciation has to be 75% versus 80% for a 20% down at purchase. Any answere?
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