CMG MI Underwriting Guidelines Manual



Read our Underwriting Services flyer



Underwriting
Best Practices



How to Submit
MI Requests



Learn about
CMG MI's Instant Alerts



Review our MI Origination Flyer and Chart

Effective July 15, 2009


Review our Policy Reinstatement Flyer and Chart

Effective July 15, 2009


CMG MI's Property
Flipping Policy

Underwriting Network Services

Underwriting

Timely processing of mortgage insurance files is essential to your Credit Union.

CMG MI provides high-quality fast processing of your mortgage insurance files to keep you competitive and satisfy your Members’ demand for an efficient turnaround.

To submit a loan for mortgage insurance, use our pmiPAPERLESS® fax or e-cmgmi:

pmiPAPERLESS – (888) 763-2264
Read our flyer to learn more about pmiPAPERLESS.
Click here for the pmiPaperless fax cover sheet.

or

e-cmgmiwww.e-cmgmi.com
Read our flyer to learn more.

CMG MI's Underwriting Network Offers More Quality Support

  • All loans initially declined are automatically sent for a second review to an Underwriting Network supervisor.
  • Prior to loan being submitted for a second review, the underwriter will seek alternative scenarios under which the loan might be approved.
  • Any questions regarding the loan file will be discussed in a live conversation with the customer.

Review our Service Level Agreements!

To view the status of loans being underwritten by CMG MI, click here:

Questions? Contact CMG MI’s Underwriting Network

Call our Underwriting Network at (888) 746-6264 for support on the following issues:

  • Confirm receipt of new loan
  • Check loan status
  • Ask about program guidelines
  • Ask about a specific loan
  • Confirm receipt of conditions
  • Need to make changes on a loan in progress
  • Want to know current turn times
  • Request a loan to be expedited

For questions on loan delivery via e-cmgmi, e-commerce or your Loan Origination System (LOS), call toll-free (800) 909-8007.

Loan Modification and Loss Mitigation Support

CMG MI's Underwriting Network is also your first point of contact with CMG MI when seeking loan modification assistance on CMG MI-insured loans. The Network will discuss the Member's situation with you, assess the status of the loan and refer you to the appropriate CMG MI department for implementing any eligible loan modification.

Please contact the Underwriting Network during business hours to initiate the loan modification process for your CMG MI-insured loans. CMG MI's underwriters are trained to provide guidance and appropriate recommendations to Credit Unions seeking assistance.

CMG MI Underwriting Network

Nationwide Phone: (888) 746-6264
Nationwide Fax: (888) 763-2264

Address:

1400 Opus Place
Suite 550
Downers Grove, IL 60515

  • Click here to learn more about CMG MI's Underwriting Team, including schedules and contact information
  • Click here to read our Underwriting Philosophy statement
  • Click here for the latest CMG MI program guidelines
  • Click here to visit our CU HomeKeepers support pages

Questions? Contact your CMG MI Account Executive.

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