More changes maybe looming for insurance refunds

FHA Insurance Refund

The FHA has been slowly changing their rules on insurance refunds The FHA, a provider of mortgage insurance, has been slowly changing their rules on insurance refunds through-out the past few years. Currently, you may qualify for a refund if you financed your newly purchased home within a three year time period, with a FHA loan and then refinance it today with another government insured mortgage. What’s been changing is the time period to qualify – within the past decade this open window for consumers has gone from 7 to…

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