What MI coverage levels are required by Fannie Mae and Freddie Mac?-
What MI coverage levels are required by Fannie Mae and Freddie Mac?
To ensure that your loan meets investor guidelines, we recommend checking with your investor for specific requirements. Standard coverage levels for Fannie Mae are located in their Seller Guide B7-1-02: Mortgage Insurance Coverage Requirements (09/29/2015). For Freddie Mac, refer to section 4701.1: Mortgage insurance (04/24/17). A handy flyer showing standard coverages is also available on our Loan Originator website, at https://lo.archmi.com/mi-requirements/.