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Updated about 8 years ago, 10/18/2016

User Stats

25
Posts
8
Votes
Brandon West
  • Investor
  • Leavenworth, WA
8
Votes |
25
Posts

Dropping PMI

Brandon West
  • Investor
  • Leavenworth, WA
Posted

Hello, I currently have 2 properties that were bought with less than 20% LTV with traditional financing. With current appreciation and the value add that I have done on them I am confident that I am now above 25% LTV. I know that this is threshold for dropping PMI but that banks have not been to eager to help me out.

Does anybody have any advice on how to get rid of this PMI without having to refinance. My current rates are as good as I am going to get.

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