When does PMI cancel on all new conventional loans?When is the soonest I could canncel PMI? It is a conventional loan that I will sign Monday.Is there a minimum time I must pay in months ? Are all lenders on conventionals the same or can rule change from each lender in todays rules?I thought new loan rules might have changed some?Or can I just pay it down quick to 78 % of apraised value then ask for cancelation. This is a refi. of 197k w a appraisal of 212kApril 21 2013 - Chester Springs00YesReport 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.