Zillow Advice: FHA and VA Loans - Can I assume a FHA loan and not pay PMI if equity is more than 30% already? http://www.zillow.com/advice-thread/Can-I-assume-a-FHA-loan-and-not-pay-PMI-if-equity-is-more-than-30-already/507713/ Zillow Advice | Zillow Real Estate It will depend on when the ... http://www.zillow.com/advice-thread/Can-I-assume-a-FHA-loan-and-not-pay-PMI-if-equity-is-more-than-30-already/507713/ It will depend on when the loan closed and how the equity is being calculated. If the equity is being calculated solely on payments made, find out if the original loan closed before or after Dec.31, 2000 and if they ever refinanced ( if so, when ). What are the existing terms, rate and years left? Tue, 20 Aug 2013 10:36:00 GMT http://www.zillow.com/advice-thread/Can-I-assume-a-FHA-loan-and-not-pay-PMI-if-equity-is-more-than-30-already/507713/ 2013-08-20T10:36:00Z