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Help - i need to get rid of PMI

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Sk323i
Regular Contributor

Help - i need to get rid of PMI

I have a mortgage with PMI

 

Its with PNC bank

 

I have called several times over the past few years asking for PMI deletion.

 

They always say they will send some letter with details on the process,

 

That letter never comes.

 

I continue to pay PMI

 

I have no idea how to remove it.

 

My home has appreciated in value.

 

I feel like I am being scammed

525 score as of 9/2015 --- only way to go is up!
Message 1 of 3
2 REPLIES 2
NoMoreE46
Community Leader
Senior Contributor

Re: Help - i need to get rid of PMI

Assuming you meet their qualifications, send request via certified mail  (screen grab is

from PNC's website.)

 

 

 

IMG_9293.jpeg

 

Message 2 of 3
VAMortgageGuy
Regular Contributor

Re: Help - i need to get rid of PMI


@Sk323i wrote:

I have a mortgage with PMI

 

Its with PNC bank

 

I have called several times over the past few years asking for PMI deletion.

 

They always say they will send some letter with details on the process,

 

That letter never comes.

 

I continue to pay PMI

 

I have no idea how to remove it.

 

My home has appreciated in value.

 

I feel like I am being scammed


Take a look at your original closing documents to determine if your loan is Fannie/Freddie or a portfolio loan. 

Here is what Fannie Mae requires:

 

FNMA PMI.PNG

Message 3 of 3
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