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The original was posted on /r/lifeprotips by /u/TooManyPoisons on 2025-11-10 18:45:56+00:00.
The common advice is to "consult your mortgage documents" to see when you can remove PMI. But even easier - just give your mortgage company a call and politely ask to remove PMI. They'll tell you if you can't.
I just called the second bank that purchased our mortgage. Unlike the first bank, they didn't require an appraisal to verify equity. Looking at nearby properties for sale, I'm not 100% sure we would have passed the appraisal. The call took less than 60 seconds and now I'm saving $130/month.
Unfortunately, if you have an FHA loan, you might not be eligible to remove PMI. But otherwise - it's a quick phone call and you might be pleasantly surprised!
EDIT: This is specific to the USA.