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re: Getting Rid of PMI on FHA Loan
Posted on 1/15/19 at 7:33 am to tiger10lsu
Posted on 1/15/19 at 7:33 am to tiger10lsu
Rates are north of 5% now, if your in the 3’s may be cheaper to pay it vs converting to conventional loan.
Edit : MIP for life of FHA was implemented under Obama, not Trump
Edit : MIP for life of FHA was implemented under Obama, not Trump
This post was edited on 1/15/19 at 7:34 am
Posted on 1/15/19 at 10:21 am to ItNeverRains
quote:
Edit : MIP for life of FHA was implemented under Obama, not Trump
I thought there was some rule that stated you could remove MIP on loans originated before July 2012 or 2013. Can't remember which year.
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