+1 vote
(I have paid down to less than 78% LTV) I was told I had to make the May 2018 payment before I can get the PMI removed. Is this correct.

I thought if I made the the April 2018 payment I could get PMI removed.
asked Feb 16 in FHA Loans by Adrian

1 Answer

0 votes
If your FHA MIP is 1.35% and have made 60 payments, you can eliminate FHA MIP. Contact your lender. A new home appraisal may be required.

Gustan Cho NMLS 873293
The Gustan Cho Team at USA MORTGAGE
USA MORTGAGE
A Division of DAS ACQUISITION COMPANY NMLS 227262
www.gustancho.com
answered Feb 16 by GustanCho (107,040 points)
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