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(10,283 posts)

9. yes, for loans that start at >90% LTV, the PMI is for the life of the loan now (fha loans).

Sun Oct 6, 2013, 08:17 PM

Oct 2013

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How do mortgage brokers/officers make their money? [View all] Schema Thing Oct 2013 OP

Pot lickin randr Oct 2013 #1

They make money off the "points" and closing costs Sedona Oct 2013 #2

This is all news to me wercal Oct 2013 #3

well, she's not wrong that as of June 2013, FHA requires PMI Schema Thing Oct 2013 #4

I think your BS meter has already gone off wercal Oct 2013 #6

Like a realtor, NOW! Coyotl Oct 2013 #5

The PMI should stop when the LTV drops below 80%. FarCenter Oct 2013 #8