Submitted by Oskeros t3_z8yelg in personalfinance
[deleted] t1_iye7tbg wrote
Reply to comment by weiner_forest in Lender is asking 75% LTV to remove PMI? by Oskeros
This is not true, we cancelled PMI within 2 years by getting an appraisal done.
It was also solely due to market value increase, not improvements.
It depends on the lender and what is in the loan documentation.
weiner_forest t1_iyeblc9 wrote
Okay, you should go ahead and write the authors and let them know to correct their article.
https://www.nerdwallet.com/article/mortgages/how-to-cancel-private-mortgage-insurance
[deleted] t1_iyebvdz wrote
No thanks
weiner_forest t1_iyecji7 wrote
Yea, because you're wrong. You're anecdote isn't the law, which is what OP asked.
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