Ordering contract underwriting through our contract underwriting serviceMGIC Mortgage Services
LLC (MMSL) NMLS #391375
250 East Kilbourn Ave., Milwaukee, WI 53202
Our contract underwriting service can help you:
- Manage your pipeline
- Manage costs associated with underwriting loan volume including salaries, benefits and overhead
- Save time and reduce employee workload
- Rest easy knowing our expert contract underwriting team is dedicated to you and your organization
Contract underwriting options
Dedicated resource + your technology
Rather than hire a full-time underwriter, let MMSL help. We’ll assign an experienced underwriter to work in your office using your technology. When underwriters are not available in your market, and the technology is compatible, we may perform this service at an MGIC location. With this MMSL service option:
- You manage your pipeline
- You may commit to 1 or more underwriters
- Pricing is per-day with a credit for each contract loan that includes MGIC mortgage insurance
Additional details and terms apply.
Underwriting on demand
Expand your capacity without committing to full-time assistance. With this MMSL service option, pricing is per-file for loans with or without MGIC mortgage insurance.
Additional details and terms apply
Order contract underwriting
Order contract underwriting via our Loan Center or via fax.
Regardless of how you submit a loan for contract underwriting, follow its progress on the Loan Center:
Via our Loan Center
For full-file, manually underwritten contract loans:
- Select the Order Contract UW tab
- Enter required data and any special File Handling notes
- Upload loan file documents
- Click Send Files
Via Ellie Mae's Encompass
Order contract underwriting without leaving Ellie Mae's Encompass®. Have your company's system administrator sign up to obtain a User ID and Password.
- Select Order Contract UW from the Request Type drop-down
- Check Contract UW with MI if you'd like mortgage insurance coverage on the loan
NOTE: To set up contract underwriting through Encompass, contact your MGIC Account Manager.