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Underwriting Guide, summaries and more

MGIC Underwriting Guide

Our Underwriting Guide (UWG) provides the policy, procedures and guidelines we use to evaluate loans for mortgage insurance. On a case-by-case basis, we will consider insuring loans that don’t meet requirements stated in our Guide. We’ve organized our Guide as follows:

See our complete Underwriting Guide (1/24/2024)

Underwriting Summaries

The following summaries highlight our most common loan programs. They do not replace our Underwriting Guide, which contains definitions and full details.

MGIC Go! (1/24/2024)

National (1/24/2024)

Housing Finance Agencies (HFAs) (1/24/2024)

Community Lending Summary (1/24/2024)

Guam, includes Go! (1/24/2024)

Puerto Rico – English, includes Go! (1/24/2024)

Puerto Rico – Spanish, includes Go! (10/02/2023)

Additional resources

Construction-permanent loans – This piece explains your options for handling construction-permanent financing. Refer to our Guide for full details.

Rescission Relief Guide – See details and requirements of our Gold Cert coverage, including early rescission relief options.

FHFA conforming loan limits – The Federal Housing Finance Agency restricts Fannie Mae and Freddie Mac to purchasing single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit.” This FHFA web page provides those limits by county.

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