Private Mortgage Insurance cancellation

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PostPosted: Fri Sep 25, 2009 11:36 pm   Post subject: Private Mortgage Insurance cancellation  

By law, who should pay for the appraisal to establish loan-to-value ratio in order to determine if a PMI should be cancelled? Is it borrower or lender? Are there any state law that would prohibit borrower from paying a current appraisal?
sgrospe
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Joined: 25 Sep 2009
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1.25 Dollars($)

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