What is the MI Coverage?

MI Coverage for Qualifying Incomes
Fannie Mae and Freddie Mac 80% and below AMI
MI Coverage for Qualifying Incomes
Freddie Mac ABOVE 80% of AMI
(Standard MI)
18% for LTVs >95% and < = 97%35% for LTVs >95% and < = 97%
16% for LTVs >90% and <= 95%30% for LTVs >90% and <= 95%
12% for LTVs >85% and <=90%25% for LTVs >85% and <=90%
6% for LTVs >80% and <= 85%12% for LTVs >80% and <= 85%

Leave a Reply

Your email address will not be published.