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There are 2 types of mortgage insurance (MI), lender paid and borrower paid. What you most likely have is lender paid MI in which the lender pays the MI in exchange for you taking a slightly higher interest rate. I’ve done it both ways and it sounds like your mortgage person ran both scenarios and determined that it make more sense for you to choose lender paid.
The 11 year number is unique to FHA. Prior to last year, monthly MI on FHA loans went away at 78% just like conventional loans. Now, FHA monthly MI is permanent unless you put at least 10% down which makes the MI drop off in 132 months.