When does PMI cancel on a standard 30-year conventional loan?
Most of the time, our PMI just drops off after you hit 78% LTV. I concure with Mizzola, read the disclosures, make your LO run that question up the flagpole early on. Not all are the same (depends as much on the servicer as the originator). It's lot easier if you can just pay down your note and not have to...