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re: Am I entitled to a refund of my PMI?

Posted on 6/28/13 at 11:18 am to
Posted by CourseyCorridor
Baton Rouge, La.
Member since May 2012
1996 posts
Posted on 6/28/13 at 11:18 am to
My understanding is sometime this year, all new FHA loans that require PMI will have to have PMI through the life of the loan.

Somebody who knows better to me might speak to this. I heard this from a couple of realtors.
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17110 posts
Posted on 6/28/13 at 1:20 pm to
quote:

My understanding is sometime this year, all new FHA loans that require PMI will have to have PMI through the life of the loan.


This is correct. June 1st was the official date when this went into effect.
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