How do I remove PMI from a mortgage loan?

Answer Contact your mortgage lender to determine its PMI (private mortgage insurance) removal requirements. In most cases, if a borrower has paid down the debt to 80 percent of the value of the residence,... Read More »

Top Q&A For: How do I remove PMI from a mortgage loan

How do I remove a name from a mortgage loan?

SaleSell the mortgaged home or building. Selling the home allows the borrowers to eliminate the mortgage completely. Any new mortgage will, of course, be issued in the name of the individuals who p... Read More »

How do I remove a co-signer from a mortgage loan?

Refinance your mortgage to remove unwanted co-signers from the debt. The only way to remove the co-signer is through the mortgage refinancing process. It officially removes the co-signer from the d... Read More »

How do I remove an ex-wife from a mortgage loan?

Refinance the mortgage loan in your own name without your former spouse. You'll need to apply for a new loan through a lender and complete all the requirements of the loan application. Depending on... Read More »

Is it better to get a shorter loan mortgage term or prepay on a longer loan?

On One Hand: Short Tem Mortgages Tie Your Hands.A short term mortgage forces you to spend more money on your house payment than you would under a longer term loan. This means that there is less mon... Read More »