MGIC Go! for DU Approve or LP Accept loans
MI loans with DU® Approve/Eligible or LP® Accept/Eligible are easier to process and underwrite with MGIC Go!
Loans processed and underwritten to DU or LP requirements and that meet the MGIC Go! overlays are automatically eligible for MGIC MI.
Use the MGIC submission option that works best with your systems and processes.
Guideline overlays
The MGIC Go! underwriting program is for loans:
- That receive a valid* DU Approve/Eligible or LP Accept/Eligible
- To MGIC-eligible borrowers — natural persons and inter vivos revocable trusts
- That follow Applying for MGIC MI requirements, stated in MGIC's Underwriting Guide section 2
- Documented in accordance with DU/LP requirements (no negotiated waivers)
MGIC Go! does not apply to DU Refi PlusTM and LP Relief Refinance MortgageSM — Open Access loans.
See additional Guideline Overlays for primary residence and second home loans.
*See MGIC Underwriting Guide section 1.06.
DU® is a registered trademark of Fannie Mae; DU Refi PlusTM is an unregistered trademark of Fannie Mae. LP® is a registered trademark of Freddie Mac; LP Relief Refinance MortgageSM — Open Access is an unregistered service mark of Freddie Mac.