WE ARE ROLLING OUT A NEW MI PROGRAM!!!!!

SWBC Mortgage is proud to announce our new MI program that will offer our customers better MI pricing. Higher quality loans will now receive a price that reflects the reduced risk. The better the quality of the loan, the better the pricing. In addition to the opportunity for better pricing, we will also be able to obtain MI on some loans that may not have been eligible for coverage previously. Because each loan is priced according to the risk it presents, we will have expanded eligibility. As an example: the DTI can be exceeded by as much as 5 percentage points (max DTI of 50% on many loans) and the credit score can be as much as 10 points below the minimum required (650 on many loans) and still qualify for MI!