Mortgage Guaranty Insurance Corporation. The leading private mortgage insurance (PMI) company, which helps lenders put families in homes with low-down-payment mortgages.
Mortgage Guarantee Insurance Company. Private company established in 1957 in Milwaukee, WI to provide private mortgage insurance (PMI) to mortgage lenders granting mortgages to mortgagors not having at least a 20% down payment upon application. MGIC indemnifies the mortgage lending company should the mortgagor go into foreclosure because of a default. The cost of PMI is included in the closing costs by the mortgagee.
Mortgage Guaranty Insurance Corporation. A private corporation that insures mortgage loans similar to FHA and VA insurance. The difference is it does not insure as great a percentage of the loan.
Mortgage Guaranty Insurance Company is a provider of private mortgage insurance and an excellent national real estate economic resource center.
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Mortgage Guaranty Insurance Corporation (pronounced maj-ik) One of several privately owned mortgage insurance companies
Mortgage Guaranty Insurance Corporation. A private corporation which, for a fee, insures mortgage loans similar to FHA and VA insurance, although not insuring as great a percentage of the loan.
Mortgage Guaranty Insurance Corporation; provides insurance for the top five to 30 percent of mortgage loans made by approved lenders and qualified borrowers.
MORTGAGE GUARANTY INSURANCE CORPORATION. A company which insures private mortgages against default.
A private mortgage insurance company that is a partner in the NeighborWorks®Campaign for Home Ownership. It supports Full-Cycle LendingSM by insuring lenders against risk of loss.
