Updated almost 8 years ago on . Most recent reply
Mortgage Insurance early removal?
A friend bought a place with 5% down. A recent appraisal says the home is worth significantly more, so his remaining balance is below 20%. Is there an inexpensive way to get the PMI removed?
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@Amanda G. How long ago did he buy it?
Yes - call the servicer and ask them to cancel the PMI. Provide the appraisal. They may want to do their own though.