A common misunderstanding
Many buyers assume PMI is either forever or that it simply drops off on its own. There are legal thresholds and lender procedures that govern it, and the timing can vary based on your loan type and situation.
How removal generally works
Homeowners can typically request PMI removal once they reach 20% equity based on original value. Depending on the loan and servicer, an appraisal may be required. Automatic termination rules also apply at certain thresholds.
How I help
I keep an eye on the milestone with you and walk you through the process when the time is right, so it does not slip past unnoticed.