MGIC Master Policy application

Company Information

What is your institution type?

Please describe your institution type.

Company Name

Home Office/Corporate Street Address (not a PO box or residence)

State

ZIP

Corporate website URL
City

Phone Number

The company's mailing address is different.

Mailing Street Address

State

ZIP

City

What MI submission type are you applying for?
Delegated* (submit data only, lender underwrites MI)
Non-Delegated (submit full file for MGIC to underwrite for MI)

*Note: A Master Policy application for delegated also allows for non-delegated MI applications.

Organization Principal(s) or Head of Mortgage Department

Name

Phone Number

NMLS #
Years of mortgage industry experience

Title

Email Address

Years in position with company

List all previous financial institutions of employment

Add an Organizational Principal

Name

Phone Number

NMLS #
Years of mortgage industry experience

Title

Email Address

Years in position with company

List all previous financial institutions of employment

Add an Organizational Principal

Name

Phone Number

NMLS #
Years of mortgage industry experience

Title

Email Address

Years in position with company

List all previous financial institutions of employment

Add an Organizational Principal

Name

Phone Number

NMLS #
Years of mortgage industry experience

Title

Email Address

Years in position with company

List all previous financial institutions of employment

Add an Organizational Principal

Name

Phone Number

NMLS #
Years of mortgage industry experience

Title

Email Address

Years in position with company

List all previous financial institutions of employment

Business Information

Are loans closed in your company name?
Yes
No

Does your company have warehouse lines of credit?
Yes
No

Warehouse lender name #1

Warehouse lender name #2

Warehouse lender name #3

Are you currently buying loans through a Third-Party Origination channel (brokers/correspondents)?
Yes
No

Does your company have documented policies and procedures for the approval and monitoring of third-party originators?
Yes
No

Investor Relationships

Are you an active Fannie Mae Seller/Servicer?
Yes
No

Fannie Mae Seller/Servicer #

Are you an active Freddie Mac Seller/Servicer?
Yes
No

Freddie Mac Seller/Servicer #

Company License Numbers

NMLS #

NCUA Charter #

FDIC #

Other

Operational Information

MGIC is required to verify the operational capabilities of customers as outlined in the Private Mortgage Insurer Eligibility Requirements (PMIERs) issued by the GSEs.

Does your company underwrite loans?
Yes
No

Do any of your loan officers perform underwriting functions, or do any of your underwriters perform loan officer functions?
Yes
No

Total number of staff underwriters

Number of underwriters with 3-7 years of experience

Number of underwriters with 0-2 years of experience

Number of underwriters with 8+ years of experience

Please provide details for your Head of Underwriting/Credit Manager:

Name

Phone Number

Years in position with company

Title

Email Address

Years of underwriting experience

Please provide details about your outsourcing provider:

Name

City

Street Address

State

ZIP

Which automated underwriting (AU) system(s) does your company use?

DU
LPA
Other
We don't use AU

Please describe the other AU system your company uses.

Contact with MGIC Account Manager

Have you had contact with an MGIC Account Manager prior to completing this application?
Yes
No

Comments (optional)

Authorized Submitting Representative

The authorized submitter certifies that he/she has been duly authorized to submit this application on behalf of the lender.

Name

Phone

Title

Email Address

I have applied for an MGIC Master Policy, providing company information pertaining to location, principals, institution type, and key contact information. I certify that all of the information is true and complete.

To the best of my ability, I have made no misrepresentation on the application, nor did I omit any pertinent information.

I understand and agree that MGIC reserves the right to verify with my company the information provided on the application.

By submitting this application, I agree to these terms.

I acknowledge the above

Master Policy Contact

If additional information is needed for this application or for any future Master Policy questions/communications, contact will be made to this individual.

Same as Authorized Submitting Representative

Name

Phone

Title

Email Address

Thank you for your interest in doing business with us!

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