Well, although our house was appraised for what we offered (but noted as a declining market, which it is not), the lender wanted 10% to get PMI insurance companies. We switched lenders and it appraised at our offer (and wasn't noted as a declining market). So, I feel better. But, I'm still anxious....now, I'm worried that because most mortgage companies use the same PMI comanies, they won't sign off on our PMI b/c of the previous appraisal issue. I don't even think they would keep that info. However, I'm always findings ways to freak out. Does anyone know anything about this? Or is it a done deal if my new lender fully approves me and the appraisal is fine? I just don't want to get too excited and the same companies keep some database with of these homes and still DENY the PMI....maybe I'm worrying about nothing. :-)
