Refinance my fha loan to a conventional loan, is it possible to do a 80/15 refinance to avoid mip or pmi

Max we can do is 80/10 or 90%. You might want to consider a FHA Streamline. Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Bart and I have been lending in CA since 1987. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Bart Gabe - Lending Nationwide Since 1987www.bartprequalifies.combart@bartprequalifies.com 800 315 8803NMLS 20743

You May be eligible for a FHA streamline loan. As for other products, contact your local lender or community bank. The products available will be dependent on thevalue of your home, credit score, etc....

Max I have seen for a second is 85% cltv so I would say no.

There are several ways to eliminate the PMI payment combined with another MIP if you have 5% or more equity in the property. If your FHA loan was prior to June 1 2009 it may be worth considering a FHA streamline because the costs are much less. A good mortgage officer will check available options and help you find the one that best fits your information. I've seen as high as 15% for a 2nd mortgage through a credit union but the interest rate is usually pretty high compared to the first mortgage. I'd be happy to look at your options; Phil Dumouchel pdumouchel@primelending.com or 843-619-6025.

I can do an 80/10 refinance. As others have mentioned, there are several potential options for you including FHA streamline with reduced MI, one loan with no monthly MI (built into the rate), and the 80-10 structure. You need an experienced lender to lay all of these out and go over the pros and cons of each one. I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

It really depends on when your FHA loan was initiated.. if it was prior to June 2009, then there is a reduced MI factor involved in your refinance that would make it more beneficial to do a streamline FHA refinance with MI.. if your loan was initiated after June 2009, then the 80/10 is as good as it gets.. 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