FHA MIP Refund Chart

What Is FHA MIP Refund?

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How Refunds Work

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FHA MIP Refund Chart Basics

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Why It Matters for Borrowers

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Alt Financial Can Help

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FHA MIP Refund Chart

What Is FHA MIP Refund?

What Is FHA MIP Refund?

When you refinance an FHA loan, you may get a partial refund of the upfront mortgage insurance premium (UFMIP). The refund depends on how long you’ve had the loan.

When you refinance an FHA loan, you may get a partial refund of the upfront mortgage insurance premium (UFMIP). The refund depends on how long you’ve had the loan.

How Refunds Work

How Refunds Work

Refunds apply only if you refinance into another FHA loan

Refunds apply only if you refinance into another FHA loan

Percentage decreases each month after closing

Percentage decreases each month after closing

Available up to 3 years from the original loan date

Available up to 3 years from the original loan date

FHA MIP Refund Chart Basics

FHA MIP Refund Chart Basics

1st month: up to 80% refund

1st month: up to 80% refund

6th month: around 70% refund

6th month: around 70% refund

After 36 months: refund ends

After 36 months: refund ends

Why It Matters for Borrowers

Why It Matters for Borrowers

When you refinance an FHA loan, you may get a partial refund of the upfront mortgage insurance premium (UFMIP). The refund depends on how long you’ve had the loan.

When you refinance an FHA loan, you may get a partial refund of the upfront mortgage insurance premium (UFMIP). The refund depends on how long you’ve had the loan.

Alt Financial Can Help

Alt Financial Can Help

At Alt Financial, we explain refund options and guide you through FHA refinancing. Our team ensures you maximize savings with the right timing.

At Alt Financial, we explain refund options and guide you through FHA refinancing. Our team ensures you maximize savings with the right timing.