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re: Getting Rid of PMI on FHA Loan

Posted on 1/15/19 at 1:10 pm to
Posted by LigerFan
Member since Jan 2014
2715 posts
Posted on 1/15/19 at 1:10 pm to
quote:

MIP is for the life of the loan and does not change based on your equity in the home


I have an FHA mortgage and my premiums adjust annually. Not sure if this has changed in recent years, but I closed on my loan May 2015
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