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MGIC Go!: Uncluttered MI for DU Approve or LP Accept loans to 97% LTV

Our Go! program is the fastest, simplest way to get MI with DU® or LP®.

Streamline the MI process for DU Approve/Eligible and LP Accept/Eligible loans, as well as Approve or Accept loans that receive an Ineligible AUS delivery response due to LTV or loan type.

Process and underwrite eligible loans according to AUS Findings/Feedback requirements for:

  • Documentation
  • Tradelines, credit history
  • Borrower contribution, including gift funds
  • Reserves
  • Other criteria

Apply just a few Go! requirements1

Approve/ or Accept/Eligible loans

  • Maximum LTV/CLTV, 97%/105%
  • Minimum credit score, 620 for all LTVs2
  • Maximum cash-out on refis, $150,000

Approve/ or Accept/Ineligible loans

  • Maximum LTV/CLTV, 97%/97% (Second Homes 90%/90%)
  • Minimum credit score, 620 for all LTVs2
  • Manufactured Homes - Second Home not eligible
  • Loan type, fixed-rate or fully amortizing ARM with an initial term of 5 years or more3

1Subject to MGIC underwriter discretion
2The lowest of all Borrower Indicator Scores — the lower of 2 or the middle of 3 credit scores for each borrower. If any borrower has no credit score, see UWG 2.03.02
3Qualify ARMs per MGIC Underwriting Guide (UWG) section 3.04.02

DU® is a registered trademark of Fannie Mae; LP® is a registered trademark of Freddie Mac.