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#1959425 - 09/04/14 07:07 PM PMI Cancellation
swiggles Offline
Power Poster
Joined: Aug 2001
Posts: 7,333
We have ONE loan on our books covered by PMI. The owner sold the home so the loan will be paid off.

I know this is a dumb question, but do we notify the PMI company of the pay off, or just quit paying? I've not had this question before for obvious reasons.
The more you sweat in training, the less you bleed in battle.......

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Lending Compliance
#1959431 - 09/04/14 07:13 PM Re: PMI Cancellation swiggles
ahkcompliance Offline
Diamond Poster
Joined: Sep 2008
Posts: 2,470
We notify our PMI company. They could receive a refund if paid in advance.

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