AWACSMortgage compliance intelligence from Flightline

MGIC · Underwriting Bulletin 04-2026 · Published

MGIC raises maximum loan amount limits for MGIC Go! loans

MGIC increased the maximum loan amounts for loans meeting MGIC Go! guidelines, effective immediately, superseding the limits in Bulletin #02-2026.

Review recommendedIn effect nowChecks passed· adjusted automaticallyRead the bulletin ↗ (opens in a new tab)

Loan impact

From the bulletin text · verified

Applies to: Loans meeting MGIC Go! guidelines with mortgage insurance from MGIC, with loan amounts above current GSE limits up to the new limits.

Applies when all of these are true
  • ANDMgic loan
  • ANDProgram is MGIC Go!
  • ANDProvider is mgic
Investor
Mgic
Programs
Conventional
Affected areas
Eligibility; EligibilityGuide Section Section 2
Affected documents
DU Approve or LPA Accept findings
Applicability confidence
Verified: every row above is supported by the source text
Supporting quotes from the bulletin
  • conditions“We have increased the maximum loan amounts for loans that meet MGIC Go!™ guidelines, effective immediately.”
  • affected areas“During this temporary period, loan amounts greater than the current GSE limits and up to the new limits will be eligible for mortgage insurance, whether they are submitted for delegated or non-delegated underwriting.”
  • guide sections“All other MGIC Go! guidelines continue to apply (see Section 2 of our Underwriting Guide).”
  • affected documents“Loans exceeding the current GSE-established conforming loan limits must receive a valid Desktop Underwriter® (DU®) Approve or Loan Product Advisor® (LPA®) Accept response and also be ineligible for loan amount only.”

What changed

From the bulletin text · Section Section 2
RequirementPreviouslyNow
Increased MGIC Go! maximum loan amountsRelaxedNot statedMaximum loan amounts for MGIC Go! loans increased, effective immediately

Each change applies when all the loan-impact conditions above are true.

What to do

AWACS interpretation · not source language

What to review: No change is mandatory; start by reviewing the increased MGIC Go! maximum loan amounts, effective immediately, which the lender may use for MGIC-insured MGIC Go! loans above current GSE limits up to the new limits, whether delegated or non-delegated.

QC implications

  • For loans with MGIC mortgage insurance under MGIC Go! guidelines and loan amounts above current GSE limits up to the new limits, check that the file has a valid DU Approve or LPA Accept response and that the loan is ineligible for loan amount only.
  • Check that the loan amount does not exceed the new MGIC Go! maximum and that all other MGIC Go! guidelines (Section 2) were applied.
  • Confirm the new limits were used rather than the limits in Bulletin #02-2026, which this bulletin supersedes.

Source and record

Version 1 · archived

Checks passed

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  • Loan impact quotes verbatim
  • Loan impact vocabulary
  • Changes quoted
  • Impact type consistent
  • Every required change is backed by obligation language
  • Only new or tightened changes are marked required
  • Loan impact covers every required change
  • Quotes are complete sentences
  • Unflagged must
  • Diff complete
  • Mandatory date resolved
  • Audience verbatim
  • Scope residential
  • Out of scope
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Adjusted automatically

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