Trying to do a refi and I was told that even if you are at 80%, with a new FHA refinance it’s still mandatory to pay MIP for 5 years. Is this right?
Please don’t answer unless you are a broker or have other credentials to know the answer for sure.
Also, how much is paid [...]
Articles tagged with: nate
Written By: admin on July 13, 2009
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Written By: admin on July 13, 2009
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Can I refinance either one of these loans on an FHA loan? Will I have PMI ? My LTV is 80% on both properties.
Tags: 203k, amp, blog archive, car finance, convenience, credit car, decisions, fha loan, FHA Refinance Loan, finance loans, haas, home equity line, home equity lines, instant approval, interest rate, loans, [...]
Written By: admin on July 9, 2009
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Ok, so I plotted on refinancing with the same person who originally gave me the loan for my house. She "claimed" she got me a 5% FHA loan and estimated 3-5K (depending on where we appraised) for closing. The next day she jumped us into a 5% VA loan. When all was said and done, [...]
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