We are 2 days away from closing/funding the loan,when the mortgage company we are working with ....said that FHA cancelled our FHA old number (with 1% upfront MI and .50% monthly MI) and now they are trying/requesting that it be reinstated and if not, we will have to apply for a new FHA number and that means 2.25% on upfront MI and 1.0+% on monthly MI. How true is this story? Why don't they know that this can happen and that we do not cling to the fund date/closing date? In the morning, the loan processor was asking how we want the funds be delivered, fed ex or reg mail, and late in the afternoon she broke the news that FHA cancelled our old FHA no. It is very frustrating and my husband and I are thinking just to hold off to the loan processing all-together for awhile. But please, I need your feedback. Thank you.April 27 2011 - Los Angeles00YesReport 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.