United Guaranty’s primary product is private mortgage insurance. The coverage we provide – which is called mortgage guaranty insurance, mortgage insurance, or simply “MI” – enables borrowers to buy a house with only a modest down payment. This is because MI protects lenders against the increased risk of borrower default related to high loan-to-value (LTV) mortgages – those with less than 20% equity. MI does this by spreading the risk across a large, geographic range. In short, MI lets lenders provide more money to more people and sell those loans more easily in secondary markets. With MI, a lender can lend a greater portion of the value of a house instead of only 80%.
UGC Value Proposition: We provide innovative, quality risk solutions that fulfill the needs of our customers to remain competitive and generate a profitable, yet responsible book of business for their stakeholders.
Products and Services: United Guaranty provides an array of products and services including first-lien mortgage guaranty insurance in a range of premium payment plans. United Guaranty is the only MI provider to offer Performance Premium risk-based MI pricing.
Homeowner Support: United Guaranty also works with homeowners who are behind on their mortgage payments to identify ways to retain their home. As a liaison between the borrower and the mortgage servicer, United Guaranty provides the added support some homeowners need to make their payments current and avoid foreclosure.
Strategic Business Pillars: We operate according to five distinct strategic business pillars, which are:
- Superior Selection of Risk
- Customer Intimacy
- Ease of use
- Unrivaled Talent
Distribution Channels: No matter what your operating structure, United Guaranty is committed to meeting your needs. We provide mortgage risk management products and services to a comprehensive range of mortgage lenders including the following:
- National Mortgage Bankers
- Money Center Banks
- Regional Mortgage Lenders
- Credit Unions
- Community Banks
- State Housing Finance Agencies
- Builder-owned Mortgage Lenders
- Internet-sourced lenders