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"Sophia and Antonio are expecting twins. They want to sell their old house and buy a larger home using a conventional loan. In order to be sure they'll get the PMI waived, what will they need to have?
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"Sophia and Antonio are expecting twins. They want to sell their old house and buy a larger home using a conventional loan. In order to be sure they'll get the PMI waived, what will they need to have?

User Bilal Usean
by
6.4k points

1 Answer

5 votes
They should have a loan-to-value ratio of 80% or less.
User DNy
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