If you have ever paid off a home loan backed by FHA, you may have money owed to you. And the government wants to pay you back. About 1 in 10 FHA borrowers leave money in their escrow accounts when they pay off their loans. The average refund for each borrower is about $700.
Former FHA borrowers who think they might be due a refund can call a toll free number, 800-697-6967, write HUD at P.O. Box 23669, Washington DC 20026-3699, or look for his/her name with the HUD Refund Search Form on their web site.
