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2. How to get rid of private mortgage insurance (PMI) - AOL

   www.aol.com/finance/rid-private-mortgage...

   The Homeowners Protection Act of 1998 requires that lenders remove private mortgage insurance when a borrower reaches a 78 percent loan-to-value (LTV) ratio. For example, if the purchase price of ...

3. How to remove mortgage insurance on an FHA loan - AOL

   www.aol.com/finance/remove-mortgage-insurance...

   With a conventional loan, you’ll need to pay PMI if your LTV ratio is 80 percent or higher — and that PMI could be pricier than your FHA MIP. On the other hand, PMI is easier to get rid of.

4. Guide to refinancing an FHA loan to a conventional loan - AOL

   www.aol.com/finance/guide-refinancing-fha-loan...

   With at least 20 percent equity in a conventional loan, you don’t need to pay for private mortgage insurance (PMI) — the conventional loan equivalent — either. Getting an attractive interest ...

5. Lenders mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Lenders_mortgage_insurance

   Once the principal is reduced to 80% of value, the PMI is often no longer required on conventional loans. This can occur via the principal being paid down, via home value appreciation, or both. FHA loans often require refinancing to remove PMI, even after the LTV drops below 80%. The effective interest savings from paying off PMI can be ...

6. Mortgage insurance vs homeowners insurance: what’s the ...

   www.aol.com/finance/mortgage-insurance-vs...

   Refinance: If you have owned your home long enough to meet a lender’s eligibility requirements, you may be able to refinance your existing mortgage into a new loan to remove PMI. Refinancing ...

7. Guide to FHA adjustable-rate mortgages - AOL

   www.aol.com/finance/guide-fha-adjustable-rate...

   If you qualify, you might want to refinance from an FHA mortgage to a conventional loan, too. This allows you to eliminate (or work toward eliminating) mortgage insurance premiums, as conventional ...

8. How to Avoid PMI - AOL

   www.aol.com/finance/avoid-pmi-163543476.html

   A loan backed by the Federal Housing Administration (FHA) lets you avoid PMI with only a 3.5% down payment. The catch here is that the FHA requires borrowers to pay a mortgage insurance premium at ...

9. How to Remove PMI From Your Loan - AOL

   www.aol.com/news/remove-pmi-loan-141410468.html

   Conventional wisdom states that when buying a house, the responsible thing to do is to make a good down payment. Not only will you keep your mortgage payments lower, but you also will avoid ...