To: Homeowners with FHA Loans

If you bought a home with an FHA loan, you’re probably feeling the financial squeeze. Your interest rate may be great, but you’re stuck paying FHA mortgage insurance (MIP) for life—even though you’ve built enough equity to remove it.

Meanwhile, the cost of living is skyrocketing:

Property taxes keep rising.
Home insurance premiums are going up.
Everyday expenses cost more than ever.
Most people’s income isn’t increasing fast enough to keep up.
And yet, the government forces FHA homeowners to keep paying mortgage insurance—even when they no longer need it.

What’s the Problem?
Unlike conventional loans, FHA mortgage insurance never falls off—unless you refinance into a higher interest rate, which makes no sense for millions of homeowners.

🏡 If you bought a home in 2020, 2021, or 2022, you likely have a low interest rate—but you’re stuck paying unnecessary PMI because of outdated FHA rules.
📉 Many FHA homeowners now have enough equity for mortgage insurance to be removed, but they’re forced to keep paying it indefinitely.
💰 The FHA’s mortgage insurance fund is already overfunded by 430%! Keeping PMI in place isn’t about protecting lenders—it’s about overcharging homeowners.

The Solution: The Mortgage Insurance Freedom Act
Congress is considering a new bill—The Mortgage Insurance Freedom Act, introduced by Rep. Gregory W. Meeks (D-NY-5) and Rep. Pete Sessions (R-TX-17).

If passed, this law will:
✔️ Automatically remove FHA mortgage insurance when a homeowner reaches 78% loan-to-value (LTV)—just like conventional loans.
✔️ Save homeowners thousands of dollars over time by eliminating unnecessary mortgage insurance.
✔️ Provide real relief to FHA borrowers struggling with the rising cost of living.

Why is NOW the Time to Act?
🏠 Millions of homeowners with FHA loans from 2020-2022 are stuck with PMI—even though they have enough equity to remove it.
📈 Housing costs are rising, but incomes aren’t keeping up. Homeowners need every dollar they can save right now.
💳 Refinancing out of an FHA loan just to remove PMI doesn’t make sense. No homeowner should be forced into a higher interest rate just to remove PMI they don’t need.

What Can You Do?
We need thousands of signatures to show Congress that FHA homeowners demand a fair policy.

✅ Sign this petition now to support the Mortgage Insurance Freedom Act.
✅ Share this with other FHA homeowners who are paying unnecessary PMI.
✅ Let’s fight for financial relief for homeowners across America!

It’s time to put money back into homeowners’ pockets and lower the cost of living. Sign now and make a difference!