We refinanced through Mullitino about a year ago. I still haven't found anyone

Oct 19, 2021
5:01:01pm

scottfunkel All-American

with a lower interest rate than we got. And we got out of PMI without an appraisal through that last refi. They asked me what I thought my house was worth and they took my word for it.

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scottfunkel

Bio page: scottfunkel
Joined: Jul 13, 2005
Last login: May 3, 2024
Total posts: 5,740 (447 FO)

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Messages

Author

Time

Question on refinancing out of a PMI

LeonMarek

10/19/21 3:19pm

it's either an appraisal or if the lender's internal metrics show its

Hsaru

10/19/21 3:21pm

Most MI companies aren't allowing the MI to drop off before two years right now.

The Godfather

10/19/21 3:22pm

Yep, we just tried. I'm in a similar situation to OP

letthewookieewin

10/19/21 3:23pm

Depends on the lender, mine just increased the value with no appraisal last year

Plato

10/19/21 3:21pm

you don't necessarily need to refinance to drop PMI, you can do it with an

BYUFBDAD

10/19/21 3:21pm

Not within a year of purchasing the home or getting a new loan.

Superman21

10/19/21 3:30pm

We refinanced twice this year and no longer have PMI

wannnacruise

10/19/21 3:28pm

I refinanced earlier this year out of PMI after just a year in the home. The

Salami Karate

10/19/21 3:33pm

BM Mulletino! Depending on your current rate, it may be possible to refinance

AFewThoughts

10/19/21 3:35pm

We refinanced through Mullitino about a year ago. I still haven't found anyone

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