FHA loan PMI isn’t like the traditional mortgage loan PMI.
Original post:
What Is the PMI on an FHA Loan? – Financial Web
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What about other possible liens on title, like IRS liens? Will PMI be required if a homeowner doesn't have it now? Can an escrow account be rolled into new loan if one doesn't exist now? The Treasury Department deferred to FNMA & FHLMC ... Stay tuned as there are rumors that FNMA/FHLMC may eventually copy the FHA Streamline Program (as I've been recommending since October of last year) and ignore appraised values, income & assets for refinancing homeowners who are current ...