by kramoltz@hotmail.com | Feb 28, 2015 | Mortgages + Lending
In my last blog I wrote about the slim possibility of getting a refund of “private mortgage insurance”. Mortgage insurance is required by lenders when a down payment is less than 20%. Usually those payments are non-refundable unless the lender agrees otherwise at the...
by kramoltz@hotmail.com | Feb 28, 2015 | Mortgages + Lending
Recently, I was asked the question: Can I get PMI payments refunded? What was being asked pertains to “private mortgage insurance”, which is required if a down payment is less than 20% of the value of the home. In that event, the lender requires the...