MI Plus Update

Borrowers with active mortgage insurance policies, who have lost their job and are collecting unemployment, may be eligible for MIPlus. We have temporarily expanded eligibility

  • No waiting period: Waived the eligibility requirement which states borrowers must have made at least six (6) months of regularly scheduled mortgage payments prior to utilizing the benefit
  • Extended MIPlus Eligibility Window: We extended eligibility to include loans that are beyond the 10-year window. Policies must in force and have MIPlus

Please find the online application here. If you have questions, please email MIOperations@masshousing.com.

Mortgage Insurance Fund (MIF)

 Mortgage Insurance Fund Bulletins
Web Link  November 2021: MI Median FICO Score
Web Link  March 2021: Mortgage Insurance Fund LLRA Update
Web Link  October 2020: Mortgage Insurance Only Quality Control Bulletin
Web Link  June 2020: Mortgage Insurance Only Covid-19 Servicing Bulletin
 MIPlus Benefits Application
Web Link  Online MIPlus Benefits Application
 Mortgage Insurance Coverages and Premiums by Product
Document  Mortgage Insurance Premiums for MassHousing Products
 MIF Underwriting
Document  MI Only Underwriting Matrix with Income Limits and Rates
 Mortgage Insurance Servicing Guide, AllRegs Section 9
Web Link  MIF Servicing Guidelines
 Condo Exposure List
Document  Condominium Projects: Exposure Limits
 MIF Claim Form & Instructions
Document  MIF Claim Form
Document  MIF Claim Form Instructions
 MI Product & Feature Brochures
Document  MIPlus Program Brochure
Community Page  Products (Home for the Brave)
 Training Corner
Document  How to Order MI