What are the actual triggers to remove PMI (78% automatic, 80% request, seasoning), and what documents are required?

When does PMI actually come off my loan?

You want to know exactly when PMI comes off and what paperwork you'll need to remove it from your loan. PMI removal happens through automatic triggers or by request, with specific documentation requirements for each path.

PMI automatically removes at 78% loan-to-value ratio based on your original amortization schedule—no action needed from you. You can request removal at 80% loan-to-value, but this requires current home value verification through an appraisal or broker price opinion that you typically pay for. Both options require two years of seasoning (time since loan origination) and current payments.

For requested removal, lenders commonly ask for a new appraisal, recent tax statements, proof of homeowner's insurance, and payment history showing no late payments in the past 12 months. Some lenders accept automated valuation models instead of full appraisals, which costs less.

Contact your loan servicer to confirm their specific requirements and timeline. Each lender sets their own documentation standards and processing procedures for PMI removal requests.