View Single Post
  #1  
Old 06-02-2014, 9:00 PM
Punisher's Avatar
Punisher Punisher is offline
Vendor/Retailer
 
Join Date: Nov 2009
Location: Orange County, Tustin, CA 92780
Posts: 246
iTrader: 14 / 100%
Default Eliminating your PMI payments?

If you bought a home or refinanced onto an FHA loan and are not enjoying paying the monthly mortgage insurance, it's likely possible the PMI can be removed by rolling onto a conventional loan.

As long as your home is worth 5% more than your loan balance, it's possible to get a conventional loan without monthly mortgage insurance. Prices are up throughout areas of California. And for some, it makes sense to get rid of that PMI now.

If you have an FHA loan and want to see what your options are, shoot me a PM.

Steve
__________________
Official Calguns Vendor for Home Loans & Real Estate since 2012. VA loan expert, no cost refinances, and on a mission to continue my reputation of good deals, honesty and supporting the Calguns community. Check out my customer reviews in our forum.

Pm me any questions, rate quotes, loan preapprovals, or any other real estate need or question you may have. I'm here to help. Semper Fi!
Reply With Quote