I bought my home about a year ago and due to an expected cash influx was looking to drop PMI. I was assured by my lender at the time that PMI could be dropped at ANY point provided the LTV was below 78%. Of course the mortgage was sold (I realize that doesn’t change our contract) and the new lien holder sent me a letter saying PMI can not drop until after the 24 month mark. It’s only 50$/month for another 9 months. But I’m tempted to refinance if I can get an even marginally lower rate just out of spite. Anyone have any experience on this? Am I being petty and this is just the cost of business or should I be more outraged that I was mislead?