A Penny Saved is a Penny Earned

A Penny Saved is a Penny Earned -
Benjamin Franklin

Thursday, February 11, 2016

Private Mortgage Insurance

If you were required to pay private mortgage insurance because your downpayment was less than 20% of the loan, and you've had your mortgage for sometime (or the house values have risen) calculate if you now have equity of over 20%. The lender usually won't automatically discontinue the insurance. Call and ask if it can be dropped.

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