FHA Refinance (Non-Streamline) from 30 years to 15 yearsI bought a home last Dec for 545,000 and have a mortgage of 30 years @3.75 %.I want to refinance this to 15 years FHA. The home value has gone up in my area since last year and is approximately 575000. My current mortgage balance is 515000.The main reason I want to do this is to save on FHA MIP as it much less for 15 years loan with LTV of < 90 % and also to pay off my loan faster.Is it possible to do this kind of FHA refinance ?. All information I am getting is FHA streamline which is not what I want to do as I am increasing my monthly payment.Also I have already paid 1 % upfront MIP when I got FHA loan. Do I need to pay 1.75% MIP again or will I get some credit ?November 25 2012 - Chantilly0YesReport 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.