Will my MIP (mortgage insurance premium) - Loan Modification - Free Foreclosure Help

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01-12-2011, 04:09 PM

Kobe

Junior Member

Join Date: Jan 2011

Posts: 1

Will my MIP (mortgage insurance premium)

increase after a streamline FHA refinance? I bought my house 2 years ago through a FHA loan. Im about to do a streamline refi, but was told by the lender that my MIP (mortgage insurance premium) would almost double due to new FHA regulations. Is this valid?

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