tiggerlgh

None if the big ones have yet. I would be surprised if they did.

It seems like it’s just one small originator.

Whoops missed that! Thanks!

When were your 2018 and 2019 taxes filed and like Hege asked, how were they filed?

Nope, as if they had savings they wouldn’t be delinquent yet.

You will have to pay down about another 10% before PMI will be removed.

That’s not helpful. What’s the loan amount and what did they value it at. We are trying to help.

If you just refinanced I doubt your value has changed. What is your LTV and his close to 80% are you?

What’s your loan to value?

Wells removes it then. It may have been a FHA loan in question, or something similar. They removed my first loan right when it hit 80%.

Good point, and if it’s MIP when was the loan originated?

Each servicer/investor has their own rules on that. But most want an independent assessment. Call your servicer to discuss.

How close are you to getting it removed? If you think your house has gone up in value enough or you have made major improvements you may be able to pay for an appraisal through your servicer to see if they think the value has increased enough to have it removed . If not as I said before pay more than minimum every month and have it go to principal. That will also save you on interest.

FHA loans are pretty much subprime loans. No surprise here. The government keeps pushing banks to originate them.

No you have to PITI (Principal, interest, taxes and insurance) monthly as applicable to your loan. You can pay extra and tell them to apply it to principal.