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If a borrower currently has an FHA loan w/MI, after the LTV has reached 80% or less can the MI be cancelled?

April 26, 2017borrower cancelled Currently FHA loan LTV mi

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If a borrower currently has an FHA loan w/MI, after the LTV has reached 80% or less can the MI be cancelled?

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It is best to refer back your lender for specific information on FHA loans. PMI Mortgage Insurance Co. does not insure FHA loans and therefore can not respond regarding FHA policies.