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What are the drawbacks of having your home appraised to reduce PMI?
What are the drawbacks of having your home appraised to reduce PMI? Hi everyone! Hoping to get some advice. Doing some mid-year re-budgeting. Mortgage info: Total mortgage amount: $340k Purchase price: $366k Current Mortgage Balance: $300k Interest Rate/Terms: 30yr conventional, 5.25% APR (We were not married when we bought our home, got married after rates spiked otherwise we would have done a VA loan) Monthly...
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