HomeBridge is pleased to announce that effective immediately we will accept loans on the DU Refi Plus program where the original mortgage insurance (MI) certificate was issued by United Guaranty (UG) regardless of the current servicer.
As a reminder, HomeBridge’s policy on DU Refi Plus loans with MI is as follows:
The original MI certificate must be issued by:
- Radian (case-by-case basis only)
- United Guaranty
The original MI must be:
- Borrower paid (single or monthly), or
- Lender paid (single premium only). Lender paid will be converted to borrower paid by the original issuing MI company.
If you have any questions please contact your Account Executive.