20-20: Mortgage Insurance Certificates

UPDATE: This temporary guidance has been rescinded as of April 9, 2021. However, MICs will still be required prior to purchase for manufactured housing and loans with a credit reject. The original announcement is preserved below.

Due to the many risks associated with the current economic environment, beginning May 4th, 2020, CBC Mortgage Agency will require Mortgage Insurance Certificate on all FHA loans prior to purchase.

Thank you,

CBC Mortgage Agency