December 14, 2012
Refi Options at United Guaranty - Effective January 14, 2013
If your borrowers don't meet United Guaranty's current underwriting requirements, but want to refinance their loan, check out our Refinance with Certificate Modification (Refi with Cert Mod) program for New and Same Servicers.
The Refi with Cert Mod program applies to loans currently insured by United Guaranty that are:
- Not eligible for a refinance under the federal Home Affordable Refinance Program (HARP)—see www.ugcorp.com/HARP for more information; and
- Unable to qualify under United Guaranty's current underwriting requirements for a rate/term refinance (click here).
NOTE: Loans that meet United Guaranty's current underwriting requirements for a rate/term refinance aren't eligible and should be submitted as a new mortgage insurance application. In this circumstance, any non-refundable premium payment made for the original loan would not be transferable to the new loan.
United Guaranty also offers options for:
For more information on refinancing options, including United Guaranty's HARP programs, visit the HARP Resource Center (ugcorp.com/HARP) or call 888.822.5584 (Option 1).