Can PMI can be dropped on a conventional loan with an 80% LTV. Is this true with a FHA loan also?My LTV is 85% now. I was hoping to get out of my FHA loan in order to avoid PMI. However, now I have been told that conventional loans have PMI until the LTV reaches 80%. Is this true?August 21 2009 - Northwest00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.