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does pmi increase after HARP refinancing

by garyjeann550982825 from Wellsville, Utah. Mar 19th 2015 Reply


Jason Hall (JasonHall)
#25 ranked lender in Utah - 79 contributions

When you close the PMI will be set and won't increase. Now will it increase over what you had prior to refinancing - that is another question that can't be determined without more information. Feel free to call or email me anytime - I am in Salt Lake and would be happy to help you out.

Mar 19th 2015
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Ron Pippin (RonPippin)
#26 ranked lender in Utah - 156 contributions

It could, or it could go down. It really depends on several factors such as your credit score and/or value of home compared to what you owe.Contact me and I can go over some options with you.

Mar 19th 2015
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Timothy Howard (timehoward)
#70 ranked lender in Utah - 150 contributions

Gary, I can come over tomorrow so we can talk face to face about this. What time is best for you. We can get er done!Timothy.Howard@apmortgage.comwww.yourmortgageguy.us to apply435.764.8709

Mar 19th 2015
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,797 contributions

NO.. under a HARP refi.. what ever your monthly premium for MI is now, it will continue at the same rate after the refi... It should not change, although I have seen some loans where there was a slight adjustment, usually less than a couple of dollars, but nothing more than that.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Mar 20th 2015
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