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re: Dilemma in trying to get rid of PMI while searching for a new home

Posted on 3/20/19 at 12:44 pm to
Posted by HYDRebs
Houston
Member since Sep 2014
1243 posts
Posted on 3/20/19 at 12:44 pm to
Also, in the slight chance you did put 10% more down on your FHA loan the MIP does go away in the 11th year. Otherwise you are correct it is for the life of the loan.
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