Mortgage Guaranty Insurance Report

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2012 Mortgage Guaranty Insurance Report

Residential mortgage guaranty insurance provides protection to lenders against default by borrowers who initially have less than 20 percent equity interest in the mortgaged property.  This form of insurance is designed to stimulate home ownership by giving consumers with lower down payments access to credit. Generally, lenders require mortgage guaranty insurance for loans exceeding 80 percent of the value of a home.  

2012 Mortgage Guaranty Report

This report was compiled using information submitted by the insurance companies. While every effort is made to ensure accurate data, the accuracy of this report is dependent on each company’s data. Any questions about this report should be directed to the Statistics Section, Missouri DIFP, P.O. Box 690, Jefferson City, MO 65102-0690.

Additional copies of this report can be received by sending a written request, with payment of $35 per copy, to this same address.