Legal Question in Real Estate Law in Georgia
My wife and I bought a house in 2007 and have been paying PMI since the original purchase. We have not refinanced. I was looking through our loan documents and included in the documents is a signed "Lender-Paid Mortgage Insurance Initial Disclosure" that states we "applied for a loan with lender-paid mortgage insurance". Should we have been paying PMI all these years?
Asked on 7/14/12, 12:09 pm
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
You have ALL your loan documents. We don't. The fact that one sentence of one page says you applied for a loan tells us nothing about the transaction.
Answered on 7/14/12, 12:12 pm