No, you would not be eligible because upfront and annual mortgage insurance premiums are collected for most FHA insured loans, except for the following programs which have varying requirements.
- Title I
- Section 248 Indian Lands
- Hawaiian Homelands
FHA's mortgage insurance is insurance coverage that protects lenders against some or most of the losses that can occur when a borrower defaults on an FHA mortgage loan.
For more information see Handbook 4000.1 V. Appendix 1.0 available at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh