No. Mortgage insurance is not something a lender can haggle down, even for perfect credit. On conventional loans, Fannie Mae and Freddie Mac set the required coverage level and which loans are eligible. The premium itself comes from the private mortgage insurance company's filed rate card, driven by your loan-to-value, the required coverage, your credit score, debt-to-income, loan type and term, and occupancy. A loan officer cannot discount that card because they like your file. What perfect credit earns you is a much lower rate off those cards, since well-qualified borrowers price far better than weaker ones. Rates do vary somewhat from one MI company to another, so which insurers a lender works with can matter at the margin, but that difference comes from the insurer's filed pricing, never from a lender's willingness to deal. If a lender implies they can specially discount your mortgage insurance for having great credit, look more closely at the rest of the quote. Those requirements change, so confirm current guidelines. Where you do have real levers is the loan structure itself: how much you put down, or whether a lender-paid or single-premium mortgage insurance option fits your situation better. That comparison is what we walk through on the free Roadmap conversation.