MGIC makes affordable homeownership possible – sooner – for more people. Our guaranty to cover lender losses from homeowner defaults on mortgage loans makes it easier for borrowers with less than a 20% down payment to get a mortgage. As the pioneer of the modern-day private mortgage insurance industry, MGIC has insured millions of low-down payment mortgage loans since 1957. See why customers love to partner with us by exploring our innovative services and value add tools at mgic.com