Can I cancel my FHA mortgage insurance in San Diego?
Yes you can, depending on when you purchased your home.
In our county people who are wondering "can I cancel my FHA mortgage insurance" may be in luck. Our property values have rebounded dramatically making possible for people wondering if they can cancel my FHA mortgage insurance.
Here are some facts that could prove very economical for your family or for anyone thinking "can I cancel my FHA mortgage insurance" today.
1) If you purchased the home more than 5 months ago there is a very good chance that your zip code has increased in value. Most people that used FHA financing did so because they did not have a large down payment.
2) Many homes that have increased in value will qualify for a new conventional loan refinance thus cancelling the FHA mortgage insurance.
Home owners are taking advantage of this and many are saving hundreds per month and thousands over the life of the loan. In many cases they are
able to take advantage of "can I cancel my FHA mortgage insurance" with absolutely ZERO cost.
Save money and have it cost nothing? Is that possible? Can I cancel my FHA mortgage insurance in San Diego?
You simply won't know until you call but let's just say the likelihood is very high.
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