Comments on: How to Get Out of PMI

9 Comments From eHow Members

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Neecy

Neecy said

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on 8/7/2008 Very nice article...One thing I would add. When we tried to do this make sure that the appraiser you hire is FHA approved. We did not find out until after we paid an appraiser to appraise our house that he was not FHA approved. We were out the money for the appraisal, still had our PMI, no more money to spend on a new appraisal, and no energy to fight it.

WriterGig

WriterGig said

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on 8/6/2008 Is there any way for you to come up with another 10 percent? Sell a boat, vehicle, etc.? Buy a cheaper house? $300 on PMI per month is awful!!

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on 8/6/2008 I am told by two brokers that second loans are becoming a thing of the past...what to do with 10% down on a 700K house without wasting 300/mon on PMI...full doc. loan with 800credit and still have to jump through hoops...HELP

WriterGig

WriterGig said

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on 6/9/2008 MidniteWriter--the funny thing is, we wrote them on the same day! Weird, huh?

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on 6/9/2008 This fits in nicely with my PMI article. I just think no one should have to pay this!! It doesn't help the homeowner, only the bank which has too much already!
Great article!

FabHelper

FabHelper said

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on 5/22/2008 I didn't know about the 2 years either. I've been thinking about getting rid of my PMI but I haven't had the loan for 2 years until next month. I'll the lender then. Thanks!

amylaine

amylaine said

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on 4/30/2008 Great info.

Gracie1402

Gracie1402 said

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on 4/30/2008 I didn't know that about the 2 year waiting, interesting. 5 stars!

AmyJaine

AmyJaine said

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on 3/20/2008 This is very useful, thank you.

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