Mortgage insurance (MI) protects your lender from excess risk when a home loan is over 80% of the purchase price. It’s temporary--in most cases, you can cancel it when your equity reaches 20%. With the protection of mortgage insurance, lenders are willing to offer loans with very low down payments -- even with no money down in some cases.

Jump Start Homeownership

Using mortgage insurance enables you to buy a home and start building equity years sooner than if you waited to save 20%. It gets you in a home before prices rise any further -- and lets that rise in value work for you, rather than against you. Rising values after you purchase can even help you cancel your mortgage insurance sooner!

How does it work?
Premiums are based on the percent of your home’s value that you borrow. Payments can be covered up front or paid on a monthly basis. In either case, there is only one check to write, and the cost will not increase over time. Click here for a description of Mortgage Insurance products.

Mortgage Protection with More
Genworth offers a special mortgage protection program called HomeOpeners® that can give you the benefit of Mortgage Insurance plus other benefits. Our payment comparison calculator can show you what your payments might be using HomeOpeners.

Gift Card Offer Worth Up to $500
If you live in a participating state you may qualify for a special Mortgage Insurance offer: secure your loan and Mortgage Insurance through a participating HomeNOW lender and get a gift card worth up to $500! Talk with a HomeNOW lender today and ask how Mortgage Insurance can help get you into your dream home sooner.

Consider MI. It could be just the answer you're looking for.

Click here for answers to frequently asked questions about mortgage insurance.