The MIP may be refunded under certain circumstances.
1) The lender remitted too much money.
2) The mortgage was never endorsed, AND is not eligible for endorsement.
3) An appeal of late charges and/or interest was approved.
4) An erroneous closing date was entered and later corrected.
In the absence of at least one of these sets of circumstances, no portion of the initial MIP may be refunded, notwithstanding the fact that the loan may be paid off in a relatively short period of time.
Handbook 4235.1 7-13A