When we refinance an FHA loan, do we still pay the upfront MIP on the new loan amount?

Yes, you do, but you get back a partial rebate (usually not much) of the upfront MIP you paid on the original loan. If you want to review the numbers, feel free to call me at 707-364-4115. Marty Stern, HomeStreet Bank, Sonoma, CA.

Only if you refinance into another FHA mortgage.

Yes.. the upfront is required on all FHA loans.. however depending on when your existing FHA loan was initiated, you might be eligible for a vastly reduced upfront and monthly MI premiums.. if you have had your loan for some time and you have at least 20% equity, then you might want to consider refinancing using conventional financing since no mortgage inquiry would be required. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Yes, if it is another FHA loan, but you get a credit for the amount paid on the original mortgage based on how long it has been open. If you have decent credit and 5% or more equity a good loan officer will look to see if a conventional loan works better for you. The rate may be higher but the PMI will likely be a lot less.

I am a lender in CA, I could help determine if FHA or conventional would be your best for you. Give me a call, I am in Orange County. Chris Gummerson 714-367-5125 ext 2251

Yes, if it is a FHA loan. See other answers for possible rebate on previous payments.

Depends on if you refi into a conventional loan or another FHA. If it's conventional then no if it's an FHA then yes.

Yes. FHA streamline is great...simple to do...and cost is always fairly minimal dueto regulations, and you generally do get rebated some of the upfront costs. A conventional loan should seriously considered even if you do not feel you are at 80% loan to value yet. No upfront M I charge and minimal mortgage insurance compared to FHA. We are mainly refinancing people out of their FHA loans into a conventional one, at low to 0 cost.