- 6 years ago
- Wedding: October 2010
I have been searching on the internet and can’t quite find what I’m looking for…
I’m currently refinancing my house which I was prequalified for through HARP. They are using my preexisting home inspection vs doing a new one. I don’t want to ask them ahead of time b/c I want stuff to go through with the appraisal before I start asking questions, but after everything is said and done based on my old home inspection I should have 22% equity in the home.
Who on earth do I talk to about getting rid of PMI? That is $230 a month I would really like back! Does anyone in the field know if they would have to do another inspection, or would the most recent refinance be enough to base my equity on?
FWIW I bought in 4/2009 and had a 5% downpayment. My home appraised 50k higher than I paid for it at the time.
Thanks for any information! Housing / mortgage stuff is VERY confusing to me.