Genworth Mortgage reduces rates for high-credit borrowers

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Review Genworth press releases and financial statements. Learn more about Genworth’s commitment to service. Genworth U.S. Mortgage Insurance Reduces Rates, Expands Guidelines to Help Lenders Meet Needs of the Growing Home purchase market simply underwrite(sm) guidelines Closely Align Coverage with GSE.

Genworth is a proud partner of HFAs across the country and has over 30 years of experience providing MI for HFA loans. Together with the HFAs, we can better serve our communities and help more families realize their dream of homeownership. Learn How an HFA Loan Might Be the Best Fit for Your Borrower

Which Debt Do I Need To Pay Off First? Understand the Benefits of Genworth Mortgage Insurance. Realizing the dream of homeownership takes planning and time. Sometimes it also takes mortgage insurance. That’s where we can help. We’re here to help you buy a house today. For us, there’s no greater feeling in the world than making your homeownership dreams come true.

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. announced that it has standardized and simplified for customers its Borrower Paid Mortgage Insurance ("BPMI") premium structure. Genworth’s updated rate card features reduced rates across all loan.

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Genworth’s self-paced, mobile friendly, online Homebuyer Education course is a great no-fee resource that you can offer to your borrowers including those using Home Possible (not accepted for HomeReady borrowers). Helping you help your borrowers is what it’s all about.

Genworth is dedicated to helping you secure your financial life through long term care insurance, life insurance, annuity retirement solutions and more.

Where a claim for loss is paid to a lender, Genworth may seek recovery from the borrower, or any guarantor, for any shortfall amount. As the lenders risk has been reduced, it is able to lend the funds for a property to a borrower with a smaller deposit – sometimes as low as five per cent of the value of the property.

Genworth Canada differentiates itself through superior customer service, a robust risk management framework, and innovative processing technology. For more than two decades, Genworth Canada has supported the housing market by providing thought leadership and a focus on the safety and soundness of the mortgage finance system.