I am going through a divorce and I owe more than my home is worth. I refinanced (FHA) with PMI insurance in January of 08. I have lost my job..and have no clue what the reprecussions are if I walk away.
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The total loan will be 5000.
My yearly taxes are 00.
My homeowners insurance is 00.
I will be required to pay pmi.
thanks
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