March 7, 2012
Performance Premium Pricing Update Effective March 12, 2012
As a continuation of our first-quarter pricing update, United Guaranty is pleased to announce an enhancement to Performance Premium,℠ our risk-based MI pricing, for mortgage insurance applications and rate quote requests received on or after March 12, 2012 (subject to state approval).
- For many high-credit-score borrowers, borrower-paid monthly premium rates will be even lower.
Don’t forget! When you use United Guaranty’s Secure QuoteSM, you don’t have to worry about changes to our Performance PremiumSM model or GQX affecting the loans in your pipeline. Just remember to save your quote and include the quote number in your MI submission. If we make changes to our Performance Premium model or GQX between the time you save your quote and the time you submit the loan for MI (up to 60 days), we'll honor the more favorable model or GQX.
Note: United Guaranty’s Secure Quote does not apply if the Property State, ZIP Code, Property Type, or Occupancy Status changes.
To learn more about Performance Premium, please contact your United Guaranty representative.
For help with underwriting and pricing, call 877.MI.CHOICE (877.642.4642) or email UGC:customerservice.