How to Get Out of an Underwater Home finance loan

"You are entitled to hold the PMI canceled automatically as soon as your mortgage balance falls to 78 percent from the original worth of your home - the value. You are eligible for that it doesn't website matter how much your house may have fallen in value, or how far underwater happen to be on your mortgage."

― Andy Wilson, spokesperson, Fannie Mae

Leave a Reply

Your email address will not be published. Required fields are marked *