If you or one of your clients had an FHA loan that they paid for less than 7 years and then sold the property, they might be eligible for a refund of part of the upfront mortgage insurance premium they paid at settlement.
To see the rules and guidelines for this potential refund, you can go a this page on the HUD (Housing and Urban Development) website and see all the rules and restrictions:
There is also a special page on the website where you can determine if a refund is owed on a specific FHA loan (you’ll need your case file number from the settlement statement)
If you found this helpful, please forward on to people you know and comment below. As always, if I can be of any assistance to you or your clients with a real estate financing opportunity please let me know. I always value and appreciate referrals.