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Updated almost 8 years ago,
Re-Financing Advice to rid PMI
Hello BP! Looking for mortgage advice. I purchased property about a year ago for $365k. I put 5% down and therefore have PMI at $190/month. Since purchase I have put roughly $80k in upgrades/renovations. The area has appreciated on top of this and feel that the home would appraise in the $425k range. I owe $340k on the mortgage and therefore with those numbers have the 80% LTV to get rid of the PMI.
Does anyone have any advice or can refer a solid mortgage company for a refi and what I should be looking for?
Any input on this would be great! Thanks