Requirements For A Mortgage How To Get A Home Loan To remove PMI, or private mortgage insurance, you must have at least 20 percent equity in the home. You may ask the lender to cancel PMI when you have paid down the mortgage balance to 80 percent.texas home equity loan Laws Email addresses for each home loan specialist are available on their web page.. Does Delta Community sell my information to other companies after I close my mortgage for solicitations? It is the policy of delta community credit Union to hold member information in confidence, subject to applicable legal requirements.