How do I remove PMI on a conventional loan?

You can request cancellation once you reach 20% equity based on the original value or a new appraisal, and it falls off automatically at 22% equity by the original schedule. You must be current on payments.

Florida's rising values often get owners to 20% early, and a fresh appraisal can prove it. We'll tell you when to request cancellation and whether an appraisal is worth ordering.

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