Underwriting guides
Look to our Underwriting Guide and summaries for our most current guidelines, which outline loan, borrower and property eligibility for mortgage insurance coverage.-
Table of Contents
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Underwriting Guide
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Summaries & Additional Resources
Underwriting programs
MGIC Go!
Streamlined underwriting – for Agency Approve/Accept loans up to 97% LTVSelf-Employed Borrower Cash Flow Analysis
Our editable, auto-calculating cash flow worksheets are ready to downloadHousing Finance Agencies (HFAs)
We work closely with state and local Housing Finance Agencies (HFAs) and support these mission-driven mortgage investors with marketing, training, homebuyer education and certification programs and more
Portfolio Lending
Use MGIC MI to meet your community's diverse mortgage financing needs while reducing your exposure to credit risk, optimizing your capital utilization and reducing loan loss reserves
Refi-to-Mod (RTM) loans
Originate a new loan through refinancing while we processes it as a modification, keeping existing mortgage insurance coverage intact
HomeReady®
An ideal option for low- to moderate-income families with minimal savings to apply toward the purchase of their first home
Home Possible®
An ideal loan option for qualifying families with minimal savings to apply toward the purchase of their first home
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Order MGIC mortgage insurance
Use the Loan Center to order mortgage insurance quickly and easily.
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MGIC Underwriting Guide
The policies, procedures and guidelines we use to evaluate loans for mortgage insurance.
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