The mortgage insurance premium is required to be paid in full at closing for the whole length of the loan. A 30 year FHA home mortgage would require 30 years of insurance premium be paid all at once. If the home owner only lives in the home for 5 years (national average) then their is a refund of 25 years of mortgage insurance premiums to be paid back to the home owner (many times over $8,000).

Their is a time limit to claim your FHA refund it's 6 years. After 6 years the FHA refund can no longer be claimed and the government gets to keep the money.

If you think you might be owed a refund contact us, so we can check our national database for you and get the wheels in motion on your refund. There is no fee/cost involved for us to check on your behalf, so please contact us through email with your name and your current and previous address. Thank You!

If you would like to find out more information or to see if you would qualify for a FHA loan program. Please take the time to fill out the application below to get the process started. Filling out an application in no way obligates you and is completely free to apply, fast and secure. Apply Today!