+1 vote
asked Feb 13, 2018 in FHA Loans by anonymous

1 Answer

0 votes
You cannot cancel FHA mortgage insurance premium on 30 year fixed rate mortgages.  However, you can refinance it to conventional loan and eliminate FHA MIP.

Gustan Cho NMLS 873293
Branch Manager
USA MORTGAGE
A Division of DAS ACQUISITION COMPANY NMLS 227262
www.gustancho.com
answered Feb 13, 2018 by GustanCho (106,540 points)
497 questions
654 answers
884 users