Increase your home equity to at least 20% of the property value
Make extra principal payments on your mortgage
Request PMI cancellation from your lender once you reach the required equity
Verify your loan balance and current home value
Get a new appraisal if your lender requires proof of increased value
Refinance into a new mortgage with at least 20% equity
Choose a loan program that does not require PMI
Wait for automatic PMI termination if your loan reaches the required equity threshold and payment history criteria are met