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Updated over 6 years ago on . Most recent reply

Kole K.'s profile image
Kole K.'s profile image
Kole K.
  • Investor
  • from Farmington, Missouri
  • Member since Apr 22, 2017

User Stats

11
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0
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Kole K.'s profile image
Kole K.'s profile image
Kole K.
  • Investor
  • from Farmington, Missouri
  • Member since Apr 22, 2017
Kole K.
  • Investor
  • Farmington, MO
0
Votes |
11
Posts
Private Lending & Conventional Mortgage Advice

Mortgage Insurance Premium refund

Kole K.
  • Investor
  • Farmington, MO
Posted

Advice needed on how borrower should proceed with collecting overpaid Mortgage Insurance Premium.

FHA loan met 79% threshold as of September 2016 and borrower requested cancellation of MIP payment early 2019. Amount overpaid is just shy of $1500. Borrower requested refund via loan servicing company but request was denied.

Best way to proceed?

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