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Mortgage renogtitate

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Mortgage renogtitate  Reply with quote  

I just took a $169,000 30 year mort at 4.6% which I have yet to make a payment on(3/1/17 is first payment due). I am about to close on my parents condo which I inherited and want to use part of the priceeds to lower my payment and get rid of the PMI, about $80,000 down. My credit union sells mortgages to fannie, can I reneg w/o the closing costs since everything is so recent? We didnt wait for condo to sell due to time constraints on accepted offer.

Thank you for any help
Post Fri Feb 17, 2017 1:46 pm
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