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phunky_1 t1_j5td7um wrote

Reply to comment by silasmoeckel in The inventory of houses suck by KindaEgotistical

Don't get a FHA.

They changed the rules so you can never get rid of PMI now.

You can get a conventional loan for only 5-6% down and PMI goes away once you get 20% equity.

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Morendhil t1_j5tw4yo wrote

Torrington Savings Bank will do a conventional for 10% down with no PMI if you have good enough credit.

2