16/06/2026
🚫 Myth: FHA mortgage insurance lasts forever.
✅ Reality: There are actually two ways to get rid of it.
1️⃣ Put 10% or more down when you purchase, and FHA mortgage insurance automatically drops off after 11 years.
2️⃣ Refinance into a conventional loan once you’ve built enough equity.
One thing I wish more buyers knew: FHA isn’t a forever loan. It’s often the path that helps people become homeowners sooner thanks to low down payment options and more flexible credit and debt-to-income requirements.
If you’ve had an FHA loan for a few years, it may be worth checking how much equity you’ve built. You could be closer to dropping that mortgage insurance than you think.
Have questions about your FHA loan? Drop them below. 👇