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Old 06-19-2007, 09:47 PM
tomwilla tomwilla is offline
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Join Date: Jun 2007
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Default Is the 20% down on a home for Mortgage Insurance or PMI base on the...

...appraisal value, or purchase price? We are trying to avoid paying the PMI on a house we are going to buy. What do the bank base the 20% on the appraisal value, or purchase price?


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