Ways to get Out of an Underwater Home finance loan

"You are entitled to have the PMI canceled automatically when your mortgage balance falls to 78 percent from the original valuation on your home - the value. You are entitled check here to that regardless of how much your property may have fallen in value, or what lengths 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Your email address will not be published.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 *