MilesToPass
Choose your exam
  1. Home /
  2. Glossary /
  3. Final termination

Exam term

Final termination

PMI ends on the first day of the month after the amortization period's midpoint if the borrower is current.

Lessons that use this term

  • Conventional loans and private mortgage insurance Florida

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

Study help

  • How it works
  • Glossary

MilesToPass

  • Contact us
  • Terms
  • Privacy

© 2026 MilesToPass

Sign in