Replying to Avatar Agorist, Esq.

The problem is they changed the rules. If you put less than 10% of the purchase price, regardless of equity, you pay the PMI for the whole 30 years unless you do a total refinance into a private mortgage versus FHA. If you put down more %, you now pay for 11 years. It’s nonsense and they totally did it to punish people who find good deals so they can put less $ down.
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LibertyGal 2y ago

They punish the smart and hard working and encourage people to be unwise and lazy. Theft is theft.

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Agorist, Esq. 2y ago

Agree. This was so clearly an attack on folks learning the rules and using them to their advantage. It’s all theft, and it’s not an accident.