Frequently asked questions · Mortgage Insurance

What happens to my PMI if I refinance or sell my home early?

Q: What happens to my PMI if I refinance or sell my home early?

B If you pay monthly Private Mortgage Insurance (PMI), you stop making payments when you refinance or sell. If you paid a single premium upfront, that cost is non-refundable unless you opted for a refundable PMI plan.

If you pay monthly Private Mortgage Insurance (PMI), you stop making payments when you refinance or sell. If you paid a single premium upfront, that cost is non-refundable unless you opted for a refundable PMI plan.

Last updated February 4, 2025 · Informed Mortgage LLC, NMLS #2523172. General information, not a rate quote or a commitment to lend.