Financial Literacy--The Large Downside No One Is Talking About > 자유게시판

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Question, bought a house 7 years in the past with typical financing. Lost this home in foreclosure 5 years in the past.
Bought another house 4 years ago using FHA financing. I now want to refinance to typical financing to remove the mortgage insurance coverage. I'm being told I cannot as I need to have the FHA mortgage a minimum of 5 years. Is that this correct? Any approach round it?
Thanks

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