Refinancing An 80-20 or 70-30 Mortgage Loan
C.L. Haehl asked: You initially chose an 80/20 or 70/30 loan for one of two reasons: you don’t have funds available for a down payment or you want to avoid having to pay private mortgage insurance (PMI). You have two loans: one for the majority percentage of the mortgage; the other for a minority percentage [...]