Thread: MORTGAGE NEWS
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Old 04-11-2013, 07:10 PM   #10
JohnnyD
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Join Date: May 2008
Location: Mansfield, MA
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Quote:
Originally Posted by nightfighter View Post
PMI is what kills.... PM sent
My lender was able to structure the loan so that we bought out PMI. We pay a slightly higher interest rate (3.737%, instead of the 3.625%) but buying out(through taking out the higher interest rate) the PMI saved us almost $100/month.
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