Real Estate Advice

[724Skinsfan]

Originally Posted by FRPLG

You'll need to refi and depending on your current rate it may not be worth it.

You may be right, but I was under the impression that PMI is cancelled after reaching 22% of LTV. If that's not the case, then I thought you could request in writing to have PMI cancelled once sufficient proof (ie, appraisal) is provided. I had never heard of having to refinance, but then again it's not something I keep up to date on.