Q&A: How does a mortgage holder get out of PMI payments on their mortgage loan?

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Question by Zzlia: How does a mortgage holder get out of PMI payments on their mortgage loan?
Seems to me that PMI is very costly for the home owner, website especially me with a perfect credit rating and new funding source to maintain a mortgage if I lose my job (my job is very secure). Please any suggestions on how to get the PMI waived by the mortgage company.

Best answer:

Answer by Equality
You put 20% cash down simple as that. There is no other way.

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