Paying Down Mortgage to Eliminate PMICan I pay down my mortgage to eliminate the pmi? I think I heard or read somewhere that you have to pay for five years regardless of LTV.February 23 2012 - Dallas00YesReport 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.