Mortgage Insurance

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Open the Door to Your New Home—Sooner, Safer, Smarter

A loan with mortgage insurance may be the safest, most affordable option to help you achieve the dream of homeownership. Mortgage insurance allows you to responsibly buy a home years sooner, even if you have a low down payment. And after closing, if a financial setback occurs, our innovative HomeOpeners® products and services can help keep you secure in your home.

Mortgage Insurance advantages for homebuyers:

  • Competitive monthly payments
  • Steady monthly payments that never increase
  • Mortgage insurance premiums are tax deductible1
  • In a few short years, monthly mortgage insurance may be cancelled, reducing payments even further
  • Avoids the hassles and higher interest rates of a second loan
  • Enjoy the simplicity of one loan, one payment and a shorter term commitment than a second mortgage

HomeOpeners Makes Genworth Mortgage Insurance the Smart Choice

With Genworth Mortgage Insurance, you may be able to take advantage of our HomeOpeners products, which can help keep you secure in your home, even if times get tough. Ask your lender for information about these Genworth products:

Job Loss Protection

Our Job Loss Protection2 program may help you make your mortgage payments if you lose your job. Through participating lenders, some loans with Genworth mortgage insurance feature Job Loss Protection benefits in the event that you become involuntarily unemployed. This additional benefit is provided at no additional cost to you.

Counseling Saver

Our Counseling Saver product provides a mortgage insurance discount when you receive eight hours of pre-purchase classroom homebuyer education on budgeting, personal finance, and homeownership.

Homeowner Assistance Program

In times of financial hardship, our Homeowner Assistance Program is here to help. Genworth professionals work one-on-one with you and your lender to structure a loan workout and help keep your dream of homeownership safe.

Homebuyer Privileges®

Get discounts and rebates - valued up to $3500 - on the things you need most for your new home. Ask your lender if they participate in Genworth’s Homebuyer Privileges program.

Learn more about the home buying process and the mortgage insurance products and services we offer at www.smartermi.com

Or contact Genworth's Mortgage Insurance ActionCenter® by calling toll-free: 800 444.5664

You can also e-mail us at Action.Center@Genworth.com

Mortgage Insurance discussed in this website is underwritten by either Genworth Mortgage Insurance Corporation, Genworth Residential Mortgage Insurance Corporation of North Carolina or Genworth Residential Mortgage Assurance Corporation.

1. MI premiums are tax deductible for eligible taxpayers through the 2011 tax year. While MI tax deductibility is expected to be renewed for tax year 2012, it may not be. Borrowers should check with a tax advisor for details.

2. Job Loss Protection is provided by a third party and backed by an "A" (excellent) rated insurer. Please note that the Job Loss Protection program described herein is subject to conditions, exclusions and restrictions not necessarily included in this Summary. The program is subject to availability at the time of loan closing and may be modified or withdrawn without notice.