Standard Agency Coverage Requirements
LTV |
Loan Terms of 25 & 30 years |
Loan Terms of 20 years or less |
| 95.01 - 97% | 35% | 35% |
| 90.01 - 95% | 30% | 25% |
| 85.01 - 90% | 25% | 12% |
| 80.01 - 85% | 12% | 6% |
Please Note: The Agency requirements identified above were obtained from Fannie Mae and Freddie Mac Seller Guides which are subject to frequent changes by the Agencies. While MGIC tries to keep the Agency information current, MGIC does not warrant the accuracy or completeness of these requirements. In addition, loans processed through Agency automated underwriting systems and specific Agency programs may have different coverage requirements. Therefore, the Agency requirements listed may be outdated or inapplicable and should not be relied upon to determine current Agency coverage requirements.