Quote:
Originally Posted by FRPLG
Well they are legally required to drop your PMI if you request so as long as you have 20% equity and a good payment history. They don't have the option of giving you the run-around.
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Well they seem to be on the run-around option. Never been late on a payment and I have about 50% equity in the home. What they keep telling me is that I have to be 20% below the original loan amount. I'm not even sure why they added PMI from the start because I was 20% below the original appraisal when I purchased the home.