Level Annual Plan

Equal annual premium payments allow for a lower initial premium than the Standard Annual plan, but slightly higher renewal rates equal to the initial premium.

• MI premium is now 100% tax-deductible for Members with adjusted gross incomes up to $100,000, through 2010*
• Ideal for Members who are short on cash at closing
• Since the premium is paid in advance for each year, the premium rates are slightly lower than with monthly plans
• If a refund is applicable, any unearned MI premium is refundable on a pro rata basis following cancellation

Click here to see CMG MI's Level Annual rates.

*Members should consult their tax advisor.

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