I owe approx $300,000 on a reverse mtge in a house worth approx $750,000; can I eliminate my MIP?

+1 vote
asked Apr 11, 2018 in Conventional Loans by Alan Matuny

1 Answer

0 votes
Unfortunately the FHA mortgage insurance premium stays with the life of your current FHA REVERSE MORTGAGE LOAN.
answered Apr 11, 2018 by GustanCho (106,540 points)
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