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 member has built enough equity.
Credit Union FAQ
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For Members
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MI Coverage Requirements
Standard first-mortgage MI coverage for loans sold to the GSEs.
Tax Deductible MI
Lower Borrowers’ Costs with Tax-Deductible MI.