Can I still refinance out of PMI on my 15yr - Loan Modification - Free Foreclosure Help

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02-07-2009, 06:59 AM

Ski03

Junior Member

Join Date: Feb 2009

Posts: 1

Can I still refinance out of PMI on my 15yr

FHA loan? I have a 15 year FHA loan that origninated June 2 2008. I had a 10% downpayment and had upfront PMI tacked on to the loan. I would now like to refinance to a 30 year conventional loan with 20% down. Will a percentage of my current PMI be removed or have the laws changed?

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