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Debt Relief – Insolvency – Bankruptcy Information » Mortgage Refinancing » Is is true that if you have PMI that you cannot refinance under the Making Home Affordable program?

Is is true that if you have PMI that you cannot refinance under the Making Home Affordable program?

i was told my Wells Fargo whom i currently have my home loan with and when i asked them about the program they said that i did not qualify because i have private mortgage insurance.

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One Response to "Is is true that if you have PMI that you cannot refinance under the Making Home Affordable program?"

  1. mortgage underwriter says:
    yes, it’s true. you can still refinance, but not under the new higher loan to values w/out PMI program.

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