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[QUOTE]Originally posted by RAP66: [QB] [QUOTE]Originally posted by 86hatchkid: [qb] [QUOTE]Originally posted by RAP66: [qb] We did FHA 3% down, it was easier in our situation to be able to buy our house. We carried the loan for 3yrs then refinanced to remove the PMI and get a slightly lower interest rate. [/qb][/QUOTE]This is what I plan to do in the near future I also did the FHA 3% down. [/qb][/QUOTE]You can refi anytime you want, we did it to get rid of the rip off PMI. In my case I was between jobs and working as a long term contract employee. Making it harder for me even be considered for a refi. Luckily I landed a nice job and our equity in the house has nearly doubled since we bought it, so for us it was win win. [/QB][/QUOTE]
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