Michigan State Housing Development Authority (MSHDA) Rates
considered to be “lender-paid mortgage insurance.” Rates are based on lender location, whereas borrower-paid mortgage insurance (BPMI) rates are based on property location. #71-61094 (12/18/07) 4 For information regarding this program, please contact your MGIC Account Manager or your MGIC Regional Underwriting Service Center. ................
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