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  2. When should you refinance your mortgage? - AOL

    www.aol.com/finance/refinance-mortgage-152541677...

    Eliminate private mortgage insurance (PMI) If your home’s value has increased, increasing your equity stake, you could refinance your conventional loan to get out of paying private mortgage ...

  3. When should you refinance your mortgage? - AOL

    www.aol.com/finance/when-to-refinance-mortgage...

    It gets rid of private mortgage insurance. If your home value has gone up, there’s a chance refinancing your home could get rid of PMI sooner. Dropping PMI lowers your monthly payments.

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

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

    Request PMI cancellation when your mortgage balance reaches 80 percent. Pay down your mortgage earlier. Refinance your mortgage. Reappraise your home. Expand or renovate your home to increase its ...

  5. Home Affordable Refinance Program - Wikipedia

    en.wikipedia.org/wiki/Home_Affordable_Refinance...

    Having PMI attached to a loan made that loan easier to sell on the Wall Street secondary market as a "whole loan". PMI hedged the risk brought by the high loan-to-value ratio by offering insurance against foreclosure for whoever owned the "whole loan". Although HARP 2.0 allows homeowners with PMI to apply through the Making Home Affordable ...

  6. 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.

  7. Private mortgage insurance (PMI): What it is and how it works

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

    Here’s a look at how PMI might play out based on how much you put down, according to the Freddie Mac mortgage insurance calculator and the Bankrate mortgage calculator. These examples assume a ...

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