Can I get rid of PMI on my FHA loan even though I just refinanced but have had the property for 5 yrOr does it start over for another 5 years each time I refinance with FHA? I've been with FHA for 5 years and can pay down to 78% to get rid of the whopping $500 a month PMI. February 28 2013 - Santa Rosa00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.