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re: Getting Rid of PMI on FHA Loan

Posted on 1/14/19 at 11:45 pm to
Posted by ItzMe1972
Member since Dec 2013
9824 posts
Posted on 1/14/19 at 11:45 pm to
"Anyways, looking more into it, it seems the Trump admin rolled back the ability to get rid of the MIP"


My daughter has a 5 year old FHA loan. The MIP is for the life of the loan. Don't think Trump admin is responsible.
Posted by buckeye_vol
Member since Jul 2014
35242 posts
Posted on 1/15/19 at 8:36 am to
quote:

My daughter has a 5 year old FHA loan. The MIP is for the life of the loan. Don't think Trump admin is responsible.
I think I may have been wrong. It was a premium rate cut that was reversed. I knew it was something that made the loans more costly.

Trump's team suspended a mortgage insurance rate cut. Here's what that means
This post was edited on 1/15/19 at 8:37 am
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