03-19-2003, 01:10 PM
Quote:I assumed when you paid of whatever percentage of your mortgage they require as equity, then you could cancel it.
That is definitely true of you go based on the loan-to-value ratio of your original mortgage. But, the way housing values have gone up around here lately, you could probably get to 20% equity a lot faster by having a new appraisal done rather than waiting to pay the note down.
<center>Special thanks to a certain file server for obliterating my pics......assholes!</center>
<center>What the fuck are YOU looking at?</center>
<center>What the fuck are YOU looking at?</center>