Rate Programs
Standard Annuals

Standard Annual rates generally have a higher initial premium and lower renewal premiums compared to Level Annuals.

• Pay the first-year premium in full at closing with funds collected from the borrower.
• Collect 1/12th the amount of the annual renewal premium with each monthly mortgage payment.
• Remit the premium to MGIC annually.

All refunds are made on a pro rata basis. MGIC bills on an annual basis for these premiums.

For the most current Standard Annual rates, select the appropriate rate card:

• National Rate Card (.pdf, see p.3)
• New York Rate Card (.pdf, see p.3)

Or calculate rates using MGIC's Rate Finder.