MI Requirements
Information about MI cancellation, tax-deductibility and more.
MI Cancellation
Unlike FHA loans, private mortgage insurance can be cancelled.
Borrower-paid MI is cancelable once a borrower has built enough equity.
Lender FAQ
Download PDF
For Borrowers
Download PDF
MI Coverage Requirements
Standard first-mortgage MI coverage for loans sold to the GSEs.
Tax Deductible MI
Lower Borrowers’ Costs with Tax-Deductible MI.