Renovated an old home we just bought with 5% down. Can i call the bank to cancel my PMI?We just bought a $150K home (closed on 11/22) with 5% down. After closing, we spent close to $40K on renovations. Can I call my bank to re-appraise it and get rid of the PMI?ThanksJanuary 07 2014 - Marietta00YesReport 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.