Rate Finder - Plus

(Rate Finder - Plus does not check eligibility for HARP refinances.)

Select Option:
	Find Rate and Check Eligibility – provides a rate quote AND evaluates eligibility
	Check Eligibility – evaluates loan eligibility only; no rate quote is provided
	Find Rate – provides a rate quote only; eligibility is not evaluated

A request for a rate quote and/or eligibility check does not constitute an application for insurance. If you wish to apply for insurance, please click the "Apply for MI" button within the response or submit an insurance application with all required information and documentation through your normal submission channel.

Complete the data fields; click Submit.

The eligibility Rate Finder - Plus response and rate quote are valid only on the day submitted. Guidelines and rates are subject to change. Actual guidelines and rates are applied when the actual MI application is submitted.
If Rate Finder - Plus determines that a loan is ineligible, it still may be found eligible after a review by an underwriter.
Contact MGIC Customer Service with the Rate Finder - Plus Submission Reference number (valid for 48 hours) to find out why. Call 1-800-424-6442 or e-mail customer_service@mgic.com.

More information about Rate Finder - Plus

LOAN INFORMATION

Loan Amount:

	(without financed premium)
	Loan Amount is required.

Interest Rate:

	%

Loan Amortization Term:

	months
	Loan Amortization Term is required and must be greater than 0 but less than or equal to 600.

Balloon Loan:

No Yes

Balloon Term:

	months
	Balloon Term is required.

Buydown Type:

Loan Type:


	Loan Type is required.

Loan Instrument:


	Loan Instrument is required.

Repayment Type:


	Repayment Type is required.

ARM Index:


	ARM Index is required.

ARM Index Rate:

	%

ARM Margin:

	%

Initial Adjustment Period:

	(months)
	ARM Initial Adjustment Period is required.

Periodic Adjustment Period:

	(months)
	ARM Periodic Adjustment Period is required.

Initial Adjustment Cap:

	%

Periodic Adjustment Cap:

	%

Lifetime Adjustment Cap:

	%

Loan Purpose:


	Loan Purpose is required.

Purpose of Refinance:


	Refinance Purpose is required if Loan Purpose is "Refinance".

Total Closing Costs & Prepaids:

	(Definition)
	Total Closing Costs & Prepaids is required.

PITI:

	(Definition)
	PITI is required.

Secondary Financing Amount:


	Secondary Financing Amount is required.

Seller Paid Closing Costs:


	Seller Paid Closing Costs are required if Loan Purpose is "Purchase" or "Construction".

Debts to be Paid Off:

	(Definition)
	Amount of Debts to be Paid Off is required and must be greater than $0 if Loan Purpose is "Refinance".

Number of Liens to be Paid Off:


	Indicate the number of liens to be paid off with a refinance.

Total Liquid Assets:

	(Definition)
	Borrower's Total Liquid Assets are required.

All Other Monthly Payments:


	Borrower's All Other Monthly Payments is required.

AUS:

	DU LP Not Applicable
	AUS is required.

DU Recommendation:


	DU Recomendation is required if AUS is "DU".

LP Determination:


	LP Determination is required if AUS is "LP".

PROPERTY INFORMATION

Property State:

USPS ZIP Code Lookup

Property ZIP Code:

	County:
	Property ZIP Code is required.

Number of Units:


	Number of Units is required.

Occupancy Type:


	Occupancy Type is required.

Sales Price:


	Sales Price is required.

Appraised Value:


	Appraised Value is required.

Subject Property Type:


	Subject Property Type is required.

Appraisal Made:


	Appraisal Made is required.

BORROWER INFORMATION

Monthly Income:


	Monthly Income for this borrower is required.

Indicator Credit Score:

	(Definition. Not used in all states)
	Borrower's Indicator Credit Score is required.

Borrower to Occupy:

	No Yes
	Indicate borrower's intent to occupy subject property.

Ownership of Property Last 3 Years:

	No Yes Unknown
	Indicate whether borrower has owned property in the past 3 years.

CO-BORROWER 1 INFORMATION

Monthly Income:


	Monthly Income for this co-borrower is required.

Indicator Credit Score:

	(Definition. Not used in all states)
	Co-Borrower's Indicator Credit Score is required.

Borrower to Occupy:

	No Yes
	Indicate co-borrower's intent to occupy subject property.

Ownership of Property Last 3 Years:

	No Yes Unknown
	Indicate whether co-borrower has owned property in the past 3 years.

CO-BORROWER 2 INFORMATION

Monthly Income:


	Monthly Income for this co-borrower is required.

Indicator Credit Score:

	(Definition. Not used in all states)
	Co-Borrower's Indicator Credit Score is required.

Borrower to Occupy:

	No Yes
	Indicate co-borrower's intent to occupy subject property.

Ownership of Property Last 3 Years:

	No Yes Unknown
	Indicate whether co-borrower has owned property in the past 3 years.

CO-BORROWER 3 INFORMATION

Monthly Income:


	Monthly Income for this co-borrower is required.

Indicator Credit Score:

	(Definition. Not used in all states)
	Co-Borrower's Indicator Credit Score is required.

Borrower to Occupy:

	No Yes
	Indicate co-borrower's intent to occupy subject property.

Ownership of Property Last 3 Years:

	No Yes Unknown
	Indicate whether co-borrower has owned property in the past 3 years.

CO-BORROWER 4 INFORMATION

Monthly Income:


	Monthly Income for this co-borrower is required.

Indicator Credit Score:

	(Definition. Not used in all states)
	Co-Borrower's Indicator Credit Score is required.

Borrower to Occupy:

	No Yes
	Indicate co-borrower's intent to occupy subject property.

Ownership of Property Last 3 Years:

	No Yes Unknown
	Indicate whether co-borrower has owned property in the past 3 years.

CO-BORROWER 5 INFORMATION

Monthly Income:


	Monthly Income for this co-borrower is required.

Indicator Credit Score:

	(Definition. Not used in all states)
	Co-Borrower's Indicator Credit Score is required.

Borrower to Occupy:

	No Yes
	Indicate co-borrower's intent to occupy subject property.

Ownership of Property Last 3 Years:

	No Yes Unknown
	Indicate whether co-borrower has owned property in the past 3 years.

MI INFORMATION

Credit-Tiered Pricing:

	Yes No	(Definition)

MGIC Program:

	(Definition)

Premium Type:

	(Definition)
	You have not provided sufficient data to determine available Premium Type choices.

Lender State:


	Lender State is required if Premium Type is LPMI.

Upfront Premium:

Upfront Premium Is Financed

Coverage:

%	Click here for Standard Agency Coverage Requirements

Renewals:

	(Definition)
	Renewals is required.

Relocation Loan:

Click here for MGIC's Underwriting Guidelines Summary

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