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Forums » For Mortgage Professionals » General Mortgage Discussion » DU Refi Plus with MI
 

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Latest post Wed, Oct 7 2009 4:02 PM by Jill Statz. 1 replies. Viewed 174 times.
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  • Tue, Oct 6 2009 5:21 PM                

    |Contact

    Does anyone know if and when lenders will allow a DU Refi Plus to occur if the current mortgage has MI or LPMI?

    PREMIUM MEMBER
     Stuart Landry
    Patriot Mortgage Corp

  • Wed, Oct 7 2009 4:02 PM                 In reply to

    |Contact

    Most are offering this already...the catch is that you have to take it back through the same servicer though when the loan currently has PMI on it.  Flagstar is offer it with LMPI...but again they have to be the servicer on the current loan.
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