What must a customer be able to demonstrate when requesting PMI be removed at 80% LTV?
A. Their 20% equity position
B. Their 20% equity position, a good payment history, and no subordinate liens
C. A good payment history
D. Their 20% equity position and being current on their loan
Answer:B
What must a customer be able to demonstrate when requesting PMI be removed at 80% LTV?
A. Their 20% equity position B. Their 20% equity position, a good payment history, and no subordinate liens C. A good payment history D. Their 20% equity position and being current on their loan