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CitiMortgage / pmi

1 United States Review updated:
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I have been unable to drop my PMI to date. I am at 77% LTV based on original purchase price of 2 Unit Rental Property. At origination with Reunion Mortgage, we discussed removing PMI after 80%, but there is no documentation noting this. Reunion sold the loan to CitiMortgage. Citimortgage now tells me it has to be 70% LTV of original price! I have asked for Managers over the past 3 months and get the same old answer each time.

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Comments

  • Ch
      26th of Jul, 2009
    +1 Votes

    Update: I have found the original PMI disclosure which shows automatic PMI removal at 80%. I sent CitiMortgage the document and they still refuse to remove the PMI!!!

  • Af
      19th of Sep, 2009
    -2 Votes

    Hey SOOOO maybe do you think you are the one who is wrong and falsely accusing a company of wronging you? If they were doing something not legit I would believe they would fix it. Seriously you should get a life.

  • Wa
      29th of Oct, 2009
    +1 Votes

    We are having the same problem with citi mortgage.

  • Ch
      15th of Mar, 2010
    +1 Votes

    I filed suit against Citimortgage in small claims court. CitiMortgage attorney contacted me. After discussing, he agreed Citimortgage should have released me from PMI. He sent me a check and I dismissed the lawsuit.

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