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Updated almost 8 years ago,
FHA loans (househacking)
I want to get a multi-family house down the road, and live in one side and rent the other(s). I know some of the basics about FHA loans. I do not know much about the refinance process. When you do refinance, does the mortgage insurance go away? Or is that something that stays with you until the loan is paid off? Also, how long until you are able to refinance?