The firm expands its insurance offerings in California
National Mortgage Insurance Corporation (National MI) has partnered with California Housing Finance Agency (CalHFA) to provide private mortgage insurance on CalHFA-backed conventional mortgage loans, starting Sept. 5.
CalHFA provides financing and programs to California homebuyers and renters. The agency works with approved mortgage lenders to offer loans to low- to moderate-income homebuyers in the state.
“National MI is thrilled to begin working with CalHFA and its approved lenders in our home state of California, especially at a time when affordability has become such a challenge for would-be homebuyers in California,” said Mike Dirrane, chief sales officer and senior managing director at National MI. “Our approval with CalHFA also furthers our mission of expanding homeownership opportunities to deserving borrowers.”
