EZ Monthly Plan

CMG MI's no up-front monthly premium option reduces the amount that a Member would typically have to pay at closing.

  • MI premium is now 100% tax-deductible for Members with adjusted gross incomes up to $100,000, through 2011*
  • MI premium is paid monthly
  • MI coverage is effective as of the loan closing date
  • First premium payment is due with the first mortgage payment, instead of at loan closing
  • If a refund is applicable, any unearned MI premium is refundable following cancellation.

Click here to see CMG MI's EZ Monthly rates.

*Members should consult their tax advisor.

Back to Premium Plans and Products

For more information, contact your CMG MI Account Executive, or call CMG Mortgage Insurance Company at (800) 909-4264.

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