Mortgage Insurance Question

[Frank A.]

I cannot find a clear answer on this question so I had to post. Lets say I get a loan and take on some form of mortgage insurance because of the low down payment. If I pay off the house completely within a couple of months does that cancel the mortgage insurance? In my mind it should. I have heard some say it stays in place for a set number of years. I need to make sure that is not the case.