I bought a home in 2010. I have an FHA loan with PMI. I owe 160k and the home is worth about 255k.
My interest rate is 4.375%. I want to remove the PMI. Spoke to lender and told me I needed to wait for certain yrs and meet some other criteria. They told me the only option us refinancing. Would it be worth it?
Read more: Should I refinance to remove PMI?
