Yes.. However, you will be converted to borrower paid, but the rate you would pay would be the same that your existing lender is paying.. The lender doing your refinance will need to allow for MI transfers, as some do not.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Normally yes, normally once we run your loan scenario and credit report through Fannie or Freddie's loan program it tells us what is required. Would you like some options to consider? pdumouchel@primelending.com or direct 843-619-6025. I do lend in Maryland
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