"You are entitled to have the PMI canceled automatically once your mortgage balance falls to 78 percent with the original valuation on your home - the value. You are entitled to that here however much your property may have fallen in value, or how far underwater happen to be on your mortgage."― Andy Wilson, spokesperson, Fannie Mae
How to Get Outside of an Underwater Mortgage loan
"You are entitled to possess the PMI canceled automatically as soon as your mortgage balance falls to 78 percent in the original worth of your home website - the purchase price. You are eligible to that it doesn't matter how much your own home may have fallen in value, or what lengths underwater happen to be on your mortgage."― Andy Wilson,