Radian's GSE Refinance Modification Program
We proudly support the Government-Sponsored Enterprise (GSE) efforts to assist existing homeowners with performing loans who do not qualify for standard refinance programs due to high loan-to-value ratios.
Refinances Closed On or After January 1, 2019
Radian can provide insurance coverage for Radian-insured loans under Fannie Mae’s High LTV Refinance Option and Freddie Mac’s Enhanced Relief Refinance℠ programs. These GSE refinance programs help homeowners with performing loans who don’t qualify for standard refinance programs due to high loan-to-value ratios.
Notification Help
To expedite the notification process, we’ve included some helpful information below.
Modification Program
See the policy on the GSE Refinance Modification Program.
Modification Program FAQs
Get answers on common GSE Refinance Modification Program questions.
Notification Quick Guide
See the highlights of the Notification of MI Modification Form.
Notification Form
Get the Notification of MI Modification form.
Documentation Guidance
| Eligible for GSE Refinance Program? |
Servicer |
Radian Guidance |
Certificate |
MI Rate Factor/Coverage Percentage |
Documentation Required |
|---|---|---|---|---|---|
| Yes | Same/New | GSE Refinance Modification Program Policy (see above) |
Certificate of Insurance Endorsement for Loan Modification | Original rate factor and coverage percentage | Notification of Mortgage Insurance Modification (see above) |
| No | Same/New |
Current Published Underwriting Guidelines (see above) |
New Certificate of Insurance | Current published rate factor and requested coverage percentage | Loan application requirements as per Radian’s standard delegated and non-delegated submission methods |