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Posted by steele in minnesota on April 01, 2007 at 11:22:16:
In Reply to: PMI posted by dan on April 01, 2007 at 07:30:48:
I think that it would depend on what kind of loss the lender is looking at. Most PMI insurance covers up to the first 20% (depends on your original downpayment).
Steele V. Propp
Foreclosure Specialist
Schatz Group GMAC Real Estate
Minneapolis, MN
steelep@aol.com
www.MinnesotaForeclosureNetwork.com