Is there a way to get a zero-down mortgage without having to pay PMI?

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  My current mortgage is for $228,000. my house is worth $300,000. I have a $32,000 equity line of credit for a car. does that still get me 20% equity to get rid of my PMI?
  by Anonymous on April 20th, 2007 | 1 person likes this

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  How can i get out of paying pmi
  by Anonymous on January 27th, 2008 | 3 people like this

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  I am not really smart when it comes to economics. So I am a little confused when I hear what the US Government is trying do? They plan on buying what no one else will? so why do I pay a PMI? Isn't a PMI a hazard insurance if I should foreclose on my home?
  by TjoeBaxter is Hot Yo on September 19th, 2008 | 6 people like this

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  In process of purchasing home near foreclosure. Appraised at 379,000 and purchased for 320,000. Put 20,000 down making loan 300,000. Banker says loan to value at 79% but still want me to pay 230.00 a month PMI. Any creative ways to get out of this?
  by Melreed on January 17th, 2008 | 1 person likes this

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  can I take the mortgage without a credit history?
  by bonezip on June 16th, 2010 | 1 person likes this

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