Just after contacting to inquire of him or her shedding PMI once i are within a keen 80% financing so you’re able to worth ratio, I was told written down the PMI would automatically decrease on 78%

Our very own home loan is bought by NewRez off PHH. It additional insurance policies, because they didn’t have copies in our insurance rates regardless of if I submitted the newest records twice to their program. Immediately following styling aside their error, he has got located other ways to recoup high financing money (to own escrow balances) out of us though our Insurance coverage went down and you can fees was an equivalent. Just adopted a letter from them stating all of our deductible is too highest a percentage, even though it are good to have PHH. Continue reading →