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re: Am I entitled to a refund of my PMI?
Posted on 6/28/13 at 3:10 pm to AUtigerNOLA
Posted on 6/28/13 at 3:10 pm to AUtigerNOLA
quote:
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.
Can you eventually refinance to get rid of PMI? I bought my house in December with a FHA loan. I imagine I won't live there long enough to matter, but just curious.
1
Posted on 6/29/13 at 5:38 am to LSUTigKyl
Sounds like a scam if a home owner has to pay thru the life of the loan. Big brother screwing the American dream again. 
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