When to cancel PMI

In order to cancel your PMI you need to check out whether your home equity have reached 20 percent or not. Once it has reached, it will become easier for you to cancel PMI. You can cancel you PMI by following certain steps. Firstly, determine the estimated value of your home. Secondly, Contact your lender and ask him to order an appraisal so as to determine market value. Lastly, pay your mortgages faster and refinance your loan so that you will not have PMI thus, keeping your credit report healthy.

Check out the given page in order to know all about cancellation of PMI: http://www.mortgagefit.com/discuss/cancel-pmi.html

I filed bankruptcy a few years ago and just found out my house was never reaffirmed I'm still making payments and they are still charging me PMI -can they if technically the loan was discharged?

Hi Kelly!

Welcome to forums!

A query similar to yours has been answered in the given page:
http://www.mortgagefit.com/Mortgage-Basics/I-filed-bankruptcy-a-few-years-ago-and-just-found-out-my-house-was-never-reaffirmed-Im-still-making-payments-and-they-are-still-charging-me.html .

Please take a look at it. I hope it will help you.

Sussane

Don't leave Citimortgage out of a Class Action I'm less than 75% of
principal and everytime I inquire it's also an appraisal at a cost of $600 then they might drop it. Kind of like a slot machine, take your money and never win.