Many people are confused on how much and even if they can get a refund of the upfront mortgage insurance premium they paid to FHA when they obtained a FHA insured mortgage loan. The confusion comes because the date you obtained the mortgage determines what you are eligible for in terms of a refund. There are two important dates: January 1, 2001, and December 8, 2004. Watch this video for a complete explanation of the FHA upfront mortgage insurance and the monthly mortgage insurance:

Fact Sheet on FHA Refund of the upfront mortgage insurance premium is here

The latest FHA mortgage letter discussing the refund is here

If you would like to apply for an FHA Loan, you can APPLY ONLINE HERE, or just have questions feel free to call me at 302-703-0727.

John R. Thomas – NMLS 38783

Certified Mortgage Planner – Primary Residential Mortgage, Inc.

302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

248 E Chestnut Hill Rd, Newark, DE 19713