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Asked how to remove Private Mortgage Insurance (since I think I’ve hit the threshold) and was told I’ll need to pay a fee to an unknown-to-me broker. Is this sketchy?
Asked how to remove Private Mortgage Insurance (since I think I've hit the threshold) and was told I'll need to pay a fee to an unknown-to-me broker. Is this sketchy? I bought my home a little over two years ago, 6% down. With how much the market has appreciated in that time, and what homes around me are being listed for, I strongly suspect I'm below the 80% loan-to-value threshold needed to remove Private Mortgage Insurance. I contacted my mortgage servicer (my mortgage servicing has switched hands twice sin...
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