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The Private Mortgage Insurance industry originated in the 1950's with the first large carrier, Mortgage Guaranty Insurance Corporation (MGIC). They were referred to as "magic" as these early PMI methods were deemed to "magically" assist in getting lender approval on otherwise unacceptable loan packages. Today there are 8 PMI underwriting companies in the United States.
State license numbers: North Carolina Lic/Reg#: B-193985, Florida Lic/Reg#: MBR3879, Michigan Lic/Reg#: FL0022890
3310 W Big Beaver Rd Suite 250
Troy, MI 48084
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