Mortgage insurance rates

MGIC rates

MGIC offers lenders both a risk-based pricing model to give you rates tailored to your unique loan scenario as well as traditional rate card pricing.

Contact your MGIC representative if you have questions about your organization’s MGIC pricing model.

Popular MI premium plans

Compare our 4 most popular premium plans to determine which best suits your borrowers’ needs.

Interested in ways to leverage mortgage insurance to build relationships and grow your business? Learn why 15 can be greater than 20 or contact your MGIC representative.

Get a rate quote

Get the right rate, right now with our new rate quote platform, MiQ

MiQ stands for Mortgage Insurance Quote, and that’s just what you’ll get. Whether your organization has opted for risk-based or rate card pricing, get MI quotes in a snap through our easy-to-use rate quote platform. Complete as few as 4 fields of info to get an instant quote.

Learn more about MiQ.

LOS and PPE platforms

Get our rates — and order mortgage insurance where applicable — without leaving your loan origination system or product pricing engine.

For your reference

Coverage requirements & exposure

Look up Agency and charter-level coverage requirements and determine exposure and various levels of coverage.

Refunds

We offer refundable and non-refundable Premium plans. Premium refundability is specified on each loan's insurance Commitment/Certificate.