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Got rid of PMI with appraisal
Got rid of PMI with appraisal My wife and I bought our house 7 years ago for $245k with a conventional 97 loan (similar to an FHA). Because it's a low down payment plan, we had pmi, and a pretty sizeable monthly payment at that. Our PMI was $227 a month, making our monthly mortgage just over $2k a month with property taxes and insurance and all. With the conventional 97 and ...
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