What is spironolactone (Aldactone)? Spironolactone is a potassium-sparing diuretic (water pill) that prevents your body from absorbing too much salt and keeps your potassium levels from getting too low. Spironolactone is used to diagnose or treat a condition in which you have too much aldosterone in your body. Aldosterone is a hormone produced by your adrenal glands to help regulate the salt and water balance in your body. Spironolactone also treats fluid retention (edema) in people with congestive heart failure, cirrhosis of the liver, or a kidney disorder called nephrotic syndrome. This medication is also used to treat or prevent hypokalemia (low potassium levels in the blood).
Your loan doesnât qualify. On the other hand, if you can prove that you have at least that much equity in your home, your lender should be able to drop your PMI payments, without you having to refinance your mortgage. Give your lender a call and ask what the procedure is to drop PMI.osted on February 28, 2001 by Ilyce R. Glink. Q: I closed on my house in July, 1993. I want to know if Iâm at the point at which the lender can automatically drop my private mortgage insurance (PMI). Iâve been told that if Iâm at a loan-to-value ratio of 78 percent, or less, PMI can be dropped without refinancing.
To remove private mortgage insurance (PMI) that you pay on your mortgage loan, you must be up to date with your monthly payments. These rules apply to mortgages closed on or after July 29, 1999. Federal law generally provides two ways for you to remove PMI from your home loan: canceling PMI or PMI termination.ven if you donât ask your lender to cancel PMI, your lender still must terminate PMI on the date when your principal balance is scheduled to reach 78 percent of the original value of your home. You also need to be current on your payments on the anticipated cancellation date.