The Private Mortgage Insurance industry originated in the 1950's with the first large carrier, Mortgage Guaranty Insurance Corporation (MGIC). They were referred to as "magic" as these early PMI methods were deemed to "magically" assist in getting lender approval on otherwise unacceptable loan packages. Today there are 8 PMI underwriting companies in the United States.
Gus Wakat and Home Equity Mortgage have been in the mortgage business for over 20 years. With a MBA in Finance from the University of Denver, call today to get a free mortgage analysis. NMLS# 1042709
2895 South Cook Street
Denver, CO 80210
Phone: (303) 733-4949
2672 Kinnikinnick Ct B
Vail, CO 81657
Phone: (303) 733-4949
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