Question, purchased a home 7 years in the past with typical financing. Misplaced this dwelling in foreclosure 5 years in the past.

Bought one other house 4 years in the past using FHA financing. I now need to refinance to conventional financing to remove the mortgage insurance coverage. I’m being advised I cannot as I need to have the FHA mortgage a minimum of 5 years. Is that this correct? Any way around it?

Thanks

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