Genworth MI Products
With mortgage insurance from Genworth, borrowers can put less than 20 percent down and get into a home years sooner. Our suite of products allows your borrowers to choose from among different payment options and help them:
- Make lower monthly payments
- Make emergency savings go further
- Safeguard their home investments
Borrower Paid MI
Lender Paid MI
In addition to helping borrowers achieve homeownership sooner, mortgage insurance from Genworth is also a safer and smarter loan solution with several additional built-in benefits to help keep borrowers secure:
- MI is tax-deductible for many borrowers
- Once the borrower's equity in the home reaches 20 percent, they may be able to cancel the MI
- The added benefit of Job Loss Protection is available with Borrower Paid MI at no additional cost and helps keep borrowers in their homes should involuntary unemployment occur
- During times of financial hardship, one-on-one Homeowner Assistance can help borrowers avoid foreclosure and even keep their homes
