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Shiloh Greer
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7
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PMI Questions/Refund (FHA Loan)

Shiloh Greer
Posted

Anyone familiar with PMI? I have an FHA loan which naturally has PMI. I understand that once at 80%, you can request the PMI to be removed and once at 78% it is to be automatically removed. Well I'm at 75% and I'm still paying PMI (I didn't think my lender would automatically remove it). Is it a possibility to get refunded for the PMI I've over paid?

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