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PMI Cancellation Letter Template (2026)

Copy-paste template

Use a ready PMI cancellation letter template with placeholders.

Checklist included

Know what to attach before sending your PMI removal request.

Follow-up plan

Use a simple timeline if your servicer delays or denies the request.

This PMI cancellation letter template helps U.S. borrowers request private mortgage insurance removal clearly and correctly. A strong letter can reduce delays, especially when you include current loan details, equity proof, and payment history support.

Quick answer: PMI cancellation letter template

Use a PMI cancellation letter template when your conventional loan is near the required equity threshold and your payment history is clean. Keep your request specific: include loan number, property address, current balance evidence, and clear request for PMI cancellation review.

When to send a PMI cancellation letter template

You are near borrower-request cancellation threshold (commonly around 80% LTV conditions). Check typical timelines here.
You have on-time payment history and no unresolved lien issues. Review lender requirements by state.
You can support value/equity with amortization progress or appraisal evidence. See state-specific appraisal requirements.
You want written documentation before calling the servicer repeatedly. Learn the formal request process.

PMI cancellation letter template checklist

Before sending your PMI cancellation letter template, prepare:

Borrower full name(s), property address, and loan number
Date and servicer mailing/portal details
Statement showing current principal balance
If required, recent appraisal or lender-approved valuation method
Request language for written decision and timeline

Copy-paste PMI cancellation letter template

Use this PMI cancellation letter template and replace bracketed fields.

[Your Name]
[Co-Borrower Name, if applicable]
[Property Address]
[City, State ZIP]
[Email] · [Phone]

Date: [MM/DD/YYYY]

To: [Mortgage Servicer Name]
[Servicer Address or Department]

Re: Loan Number [XXXXXXXX] — Request for PMI Cancellation

Hello,

I am requesting cancellation of private mortgage insurance (PMI) on the above-referenced conventional mortgage loan for the property at [Property Address]. Based on my current loan balance and home value/equity documentation, I believe the loan qualifies for PMI cancellation review under your current policy and applicable requirements.

Please confirm the exact documents you require and whether a lender-approved appraisal or valuation is needed. If additional conditions apply, please provide them in writing.

I request written confirmation of: 1) receipt of this request, 2) any required next steps or fees, 3) your decision timeline, and 4) the effective date of PMI cancellation if approved.

Thank you.

Sincerely,
[Your Name]
[Co-Borrower Name, if applicable]

Download a printable copy

Download the template to edit in Word or save a PDF for mailing.

Why download?

Providing a downloadable template removes friction for users who want a ready-to-send file. If you prefer, I can also add a native DOCX and pre-generated PDF for direct download.

Quick download

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Borrower examples

Below are short, anonymized examples showing how borrowers used the template and what happened next.

Example 1 — Straightforward approval

Sarah bought a $320,000 home with 10% down. After 9 years of on-time payments she estimated her balance at ~80% original value. She sent the template with a recent mortgage statement and received an approval after the servicer ordered an internal valuation. PMI was removed effective the following statement cycle.

Example 2 — Appraisal required

Raj believed rising home values put him under 80% LTV. The servicer acknowledged the request but required a lender‑approved appraisal. Raj ordered the appraisal, submitted it, and the servicer removed PMI after the appraisal confirmed the lower LTV (appraisal cost paid by Raj).

Example 3 — Denial then re-apply

Maria requested cancellation but was denied due to an unresolved late payment. She corrected the account, built three months of on-time payments, and re-applied with the same template; the second request was approved.

Common servicer requirements and timeline

Servicers often acknowledge receipt within 10 business days and provide a timeline for additional steps (appraisal, documentation review) within 30–45 days. Typical servicer responses include:

Request acknowledges and lists required documents
Request acknowledged and an appraisal is ordered or requested
Request denied with reasons (payment history, subordinate liens, uninsured damage)

Keep records of all communications and dates. If the servicer denies without clear rationale, ask for the reason in writing and next steps to remedy.

Email subject lines for PMI cancellation request

PMI Cancellation Request — Loan #[Loan Number]
Request for PMI Removal Review — [Property Address]
Private Mortgage Insurance Cancellation Inquiry — Loan #[Loan Number]

What happens after you send the PMI cancellation letter template

Servicer acknowledges request and lists missing requirements (if any).
Valuation or appraisal step may be requested.
Servicer confirms approval or denial in writing.
If approved, statement should remove PMI line item effective date.

Follow-up script if no response in 10 business days

"I sent a PMI cancellation letter template request for Loan #[Loan Number] on [Date]. Please confirm status, any remaining requirements, and expected decision date in writing."

Related calculators and guides

FAQ

Does a PMI cancellation letter template guarantee removal?

No. It improves request clarity and documentation quality, but approval still depends on lender requirements, equity verification, and payment history.

Should I send PMI cancellation request by mail or portal?

Use the servicer’s preferred method and keep a timestamped copy. If mailed, use trackable delivery and retain proof of receipt.

Can I use this PMI cancellation letter template for FHA MIP?

No. FHA MIP follows different rules. Use FHA-specific removal/refinance guidance when applicable.