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Updated over 2 years ago on . Most recent reply
![Kez Strong's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2378649/1650327462-avatar-kezs1.jpg?twic=v1/output=image/crop=3024x3024@0x503/cover=128x128&v=2)
USAA Financing & PMI
Has anyone ever used USAA to finance their house-hack multifamily? I have them as an option thanks to my dad being a veteran and the rates and bundling makes them look like a good option.
Also does does anyone know if PMI drops in Florida once you hit 20% equity or do you have to refi?
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![Stuart Grazier's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/500869/1621479544-avatar-stugrazier.jpg?twic=v1/output=image/crop=3024x3024@0x503/cover=128x128&v=2)
@Kez Strong I personally had a bad experience with USAA lending and know of quite a few others who had similar issues. They are primarily an insurance company, but do banking and lending as a side gig. I'd highly recommend them for insurance, but not for lending. Additionally, they are not very investor-friendly.