As much as the conditions are great now, saying that the bank took no risk on your loan is a false statement. 5 years ago that was not the case. 5 years from now it may not be the case. Like it or not you signed a note that had several stipulations to it and in exchange for that note, you were lent a couple hundred thousand dollars. If you do not like the terms of the note then you should not have borrowed the money. Removal of PMI is not hard and has much more to do with comps then the pergola and matching chairs. I don’t mean to be harsh, just being honest.
