Master Policy resources

Master Policy Application

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Current Master Policy

MGIC Master Policy – March 1, 2020, and after

MGIC’s Master Policy (#71-70384) is designed to further align our Gold Cert rescission relief options with Representation and Warranty Framework of Fannie Mae and Freddie Mac. This policy represents a collaborative effort with U.S. Mortgage Insurers (USMI), Fannie Mae, Freddie Mac and the Federal Housing Finance Agency. 

MGIC Master Policy, effective March 1, 2020:


Gold Cert Coverage

Our Gold Cert protection provides rescission relief for Significant Defects due to lender underwriting errors, property valuation defects and borrower fraud. You can choose the level of protection that fits best with your business processes and needs as an organization.

  • Immediate Protection
  • 12-Month Payment Protection
  • 36-Month Payment Protection*

For more information and requirements:

Download Master Policy Rescission Relief Overview

Download Rescission Relief Guide, effective July 13, 2023

*Loans not meeting the criteria for 36-Month Payment Protection will receive rescission relief at month 60 if current, or in the event of a default, when the loan comes current.

Submission options

Under our Master Policy, flexible submission options allow you to continue to tailor the way you do business when submitting data and/or documents. For details about submission options, see our Underwriting Guide, effective Sept. 22, 2022:

Section 1.07

Section 1.08

Master Policy Endorsement State Variations

 Jurisdiction  Form #  Endorsements
AK, AR, DC, GA, IL, KS, MO, MT, NY, NC, ND, OK, OR, TX, VA 71-70404
State Variations Endorsement
ME 71-70389
Maine Endorsement
PR 71-70405
Puerto Rico Endorsement

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