I got my PMI cancelled before hitting 80% LTV
I got my PMI cancelled before hitting 80% LTV I just called up my bank to clarify their PMI removal criteria, and the person I chatted with said I was eligible to remove PMI immediately, even though my LTV ratio is 81.5% based on the original value. Any idea why? We've made all of our payment on time and have been putting a little extra towards the principal, but aside from that I don't kno...