About
A clearer first step for a servicer-controlled process
CancelPMI helps homeowners estimate their loan-to-value ratio, understand common PMI cancellation paths, and request a manual review before contacting their mortgage servicer.
What we do
We calculate an estimate from the information a homeowner provides and organize the next steps for review. The mortgage servicer and loan investor—not CancelPMI—decide whether PMI can be canceled and what valuation or documentation is required.
Who operates it
CancelPMI is operated by Pipedream Ventures LLC. It is not a lender, mortgage servicer, law firm, or appraisal provider, and it does not guarantee cancellation or savings.
How the screening works
Federal borrower-request and automatic-termination rights generally use the home's original value. Some conventional loans also allow earlier review using current value, subject to investor rules, seasoning, payment history, occupancy, and a servicer-controlled valuation.
The calculator uses current value as a screening signal—not as a final approval. FHA, VA, USDA, lender-paid mortgage insurance, and other loan structures follow different rules.
Primary sources
- Consumer Financial Protection Bureau: removing PMI
- Fannie Mae: borrower-initiated mortgage insurance termination
- Freddie Mac Servicing Guide: current-value cancellation
Content last reviewed July 28, 2026. Policy and servicer rules can change; confirm the current requirements with your servicer.