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CitiMortgage / pmi

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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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N  26th of Jul, 2009 by 
Agree Disagree +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!!!
N  19th of Sep, 2009 by 
Agree Disagree -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.
A  29th of Oct, 2009 by 
Agree Disagree +1 Votes
We are having the same problem with citi mortgage.
A  15th of Mar, 2010 by 
Agree Disagree +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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CitiMortgage Logo CitiMortgage
Customer Service
P.O. Box 6728
Sioux Falls
South Dakota
United States - 57117-6728
+1 800 283 7918
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