Login
Lender Signup
Community Signup

World's Largest Mortgage Community
(28,529 members)

What are you looking for?

PMI

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
dogface Guest 0.10 Dollars($)	Posted: Sat Jun 02, 2007 5:54 pm    Post subject: PMI I am merging my first and second mortgage. I this required PMI? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
erow Guest 0.10 Dollars($)	Posted: Sun Jun 03, 2007 3:28 pm    Post subject: How much amount is it coming to by combining the first & second? and how much is the value of property? is combined value more than 80%? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
hfo Guest 0.10 Dollars($)	Posted: Sun Jun 03, 2007 4:01 pm    Post subject: Quote: I am merging my first and second mortgage. I this required PMI? depends on the total value of the mortgage to property value, if it crosses 80%, that is when pmi is required _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
sara Joined: 05 Jul 2006 Posts: 1189 Location: New Brunswick, New Jersey 220.67 Dollars($)	Posted: Sun Jun 03, 2007 11:03 pm    Post subject: RE: Is PMI required after merging two loans? Hi Dogface, Welcome to the forums. You will require to pay premiums for your PMI until and unless the total outstanding balance on both the mortgages reaches 80% of the value of the home purchase price or appraised value at the time you obtained the loan. Take Care

Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours

Page 1 of 1