Get a FHA Home Loan Insurance Refund If you had an FHA home loan in the past, you may be entitled to an insurance refund. FHA loan borrowers were previously required to pay a set amount of insurance premiums up-front, regardless of how long they were going to live in the home. Homeowners are entitled to the refund if their insurance was terminated when a) they sold their home, b) they paid off their mortgage early or, c) the they refinanced their mortgage into a non-FHA loan. You may be entitled to a refund under the follow circumstances: Premium Refund Acquired loan after September 1, 1983 Paid up-front mortgage insurance premium at closing Did not default on your mortgage paymentsFree Stuff From The Government Distributive Share Originated your loan before September 1, 1983 Paid on your loan for more than 7 years Has FHA insurance terminated before November 5, 1990
Posted on: Fri, 09 Aug 2013 03:54:53 +0000