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Rate Finder

Our free MGIC MI app is the perfect tool for the LO on the go.

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Entry Page

Instructions

To expedite your rate quote, MGIC's Rate Finder prefills certain fields with frequently used loan characteristics.

  • Change any fields, as necessary
  • Enter credit score, loan amount and ZIP Code
  • Click Get Quote

To compare up to four prices for different rate programs, in the Premium Plan Options section of the form, click Compare to Another Program.

  • Select new options for the Premium Paid By, Premium Type, Refund and Renewal fields
  • Click Get Quote

Results Page

Instructions

  • Click Open Quote to open an individual rate quote
  • Click Open Comparison if you requested multiple quotes, and you want to see the data used to obtain the quotes
  • Click E-mail Quote and enter an e-mail address in the "To" field to send the quote to yourself or a colleague
    • The quote will come from MGIC Rate Finder with a subject line of "MGIC Rate Quote"
    • If you fill in the "From" option, the e-mail will indicate that the recipient should "Respond to the address entered in the From field."
  • Click Order MI to login to Loan Center and submit an MI application
  • Click Modify Quote to return to the entry page with the data you just submitted retained
  • Click New Quote to clear the form and start over

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Notes

  • If data used to obtain the rate quote changes, the premium rate is subject to change
  • Your comprehensive quote includes applicable state premium taxes and assessments
  • Your premium rate quote is valid for 60 days from the date it is issued
    • Premium tax quotes are subject to change
  • Provide the Rate Quote ID in the loan file to ensure you receive the rate quoted
  • Rate quotes are based on current premium programs
  • Eligibility notes are based on current Underwriting Requirements
  • Underwriting Requirements are subject to change
  • Underwriting Requirements in effect at the time of application apply

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Add a Rate Finder shortcut icon to your desktop

Internet Explorer users, create a desktop shortcut to set up one-click access to Rate Finder:

  • Right-click here on this text
  • Select Create Shortcut

This icon will appear on your desktop: Rate Finder shortcut icon

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