Stop Overpaying for Let AI Help You Remove It for Free!
Our smart AI technology will show you exactly how to cancel your PMI and start saving each month—completely free. Just enter your info, and we’ll handle the rest!
How Our AI Can Save You Money Fast
Our AI makes canceling your PMI simple, fast, and hassle-free. With just a few details, we’ll create a personalized report that could save you hundreds every month. Why wait to start saving?
Submit Info
Just enter your basic info and mortgage details—it only takes a minute!
Receive Report
Our AI instantly analyzes your info to give you a clear, easy-to-read report showing how much you can save. Expect it in your inbox within 24 hours!
Why Our PMI Removal Service Saves You More
Stop overpaying on your mortgage! With our AI-powered service, you’ll get a fast, personalized report showing exactly how to cancel your PMI—and save hundreds each month. It’s 100% free and hassle-free. Minimal info, maximum savings!
Save Money
Personalized Report
Quick and Easy
Are You Eligible to Cancel Your PMI?
Wondering if you can cancel your PMI and start saving? Our AI will instantly analyze your mortgage info and let you know. Just have your mortgage statement, property value, and loan balance handy. We’ll take care of the rest!
Your loan-to-value (LTV) ratio needs to be 80% or lower to be eligible for PMI removal.
You need at least 20% equity in your home to qualify for PMI cancellation.
Client Success Stories
Frequently Asked Questions
PMI, or Private Mortgage Insurance, is an extra cost added to your monthly mortgage payment if your down payment was less than 20%. While it protects the lender, it doesn’t benefit you. If you’re paying PMI, you’re spending money you don’t need to. The good news? We can help you get rid of it!
If you bought a home with a down payment of less than 20%, you’re probably paying PMI. This could be costing you hundreds of dollars every month. Canceling PMI as soon as possible can save you thousands over the life of your loan.
Yes, and we make it easy! You can remove PMI once you have 20% equity in your home. You don’t have to wait until your lender automatically cancels it at 78% loan-to-value—you can start saving now by letting us help you cancel PMI as soon as you’re eligible.
At CancelMyPMI.ai, we do all the work for you! Just provide a few details, and we’ll analyze your loan and property value to see if you qualify to cancel your PMI. If you do, we guide you step-by-step to remove it—saving you money every month. Best of all, it’s fast and easy.
No, our service is completely free. You can find out if you’re eligible to cancel PMI without paying a dime—start saving without any costs.
You’ll get your personalized report within 24 hours, so you can quickly find out how much you could save by canceling your PMI.
If you’re not eligible yet, don’t worry! We’ll provide you with clear recommendations on how to qualify for PMI cancellation in the future, so you can be ready to save as soon as possible.
These answers are designed to focus on the financial benefits and ease of using your service, making it more appealing for borrowers looking to cut costs.
FHA borrowers pay both an upfront mortgage insurance premium (UFMIP) and annual mortgage insurance premium (MIP), which is divided into monthly payments. MIP can last for the life of the loan or be canceled after 11 years if the down payment is 10% or more.
MIP can’t be removed until 11 years for loans with a 10% down payment, or it remains for the loan’s life. Refinancing to a conventional loan is another way to eliminate MIP.
