I am frustrated.
HUD has announced a 2012 FHA streamline. Awesome. Well, further it will reduce the upfront PMI down to .1%. Yes "point one" AND reduce the monthly PMI as well. This is a GREAT deal....as long as you executed your loan prior to May of 2009. Which we did not. So this great deal does not apply to us and that makes me very frustrated. very very frustrated. I will call Bank of America after June 11th when the program starts and play dumb and attempt to get them to do it. I will make them tell me no, but I am pretty confident they will and that makes me MAD. Maybe I should just go delinquent and let them "bail me out".