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Acronymfinder

What does MIG stand for?

MIG stands for Mortgage Indemnity Guarantee (real estate)

This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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We have 138 other definitions for MIG in our Acronym Attic

Samples in periodicals archive:

Lenders participating in the scheme will provide a 90-95% mortgage for buyers who meet their qualifying criteria; the lenders will be protected by a mortgage indemnity guarantee (MIG) jointly funded by Redrow and the Government.
They have either pumped millions of pounds of direct or indirect aid into the industry or put the taxpayer at risk of almost open-ended liabilities in the case of shared equity or the planned Mortgage Indemnity Guarantee Scheme.
Indeed, Team - the nationwide network of independent estate agents to which my own firm belongs - recently wrote an open letter to the Government suggesting a solution, in the shape of a Government-backed mortgage indemnity guarantee scheme.
If you must borrow more than 90 per cent of the value, consider reducing the amount you take and top it up with a low-cost personal loan to avoid paying a mortgage indemnity guarantee CAPTION(S): Investing: Market slowdown means young buyers can afford property
uMortgage Indemnity Guarantee (MIG) Watch out for mortgage Indemnity guarantee (MIG) charges.