• 1957

Company Description

MGIC is a private insurance company offering insurance on real estate mortgages.

MGIC, the principal subsidiary of MGIC Investment Corporation, is a private mortgage insurer with $177.5 billion primary insurance in force covering approximately one million mortgages as of June 30, 2016. MGIC serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality. MGIC provides a critical component of our country’s residential mortgage finance system, protecting mortgage investors from credit losses. Mortgage insurance from MGIC also benefits consumers by helping them achieve homeownership sooner with low-down-payment loans. Our strength comes from our history, leadership and employee commitment to providing quality products and customer service.