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MCM & Home Possible Coverage Requirements

Fannie Mae's MyCommunityMortgages & Freddie Mac's Home Possible Programs MI Coverage Requirements

LTV
Coverage Required
95.01 - 97% 18%
90.01 - 95% 16%
85.01 - 90% 12%
80.01 - 85% 6%

 

Please Note: The Agency requirements identified above were obtained from Fannie Mae and Freddie Mac Bulletins, which are subject to frequent changes. While MGIC tries to keep the Agency information current, MGIC does not warrant the accuracy or completeness of these requirements.