MI Quotes

Step

Action

    1

Go to the Short Application.

          2            

Click the Mortgage Insurance button.

          3            

On the Conventional Mortgage Insurance pop up:

·       Select the MI Plan.

·       Select the MI Company.

·       Click Get Rates.

          4            

·       The Mortgage Insurance information will display.

·       Click Ok.

·       Repeat steps 2-4 to select a different MI Plan or MI Company.

Helpful Tip:  Click the Quote Document  to view or save a copy of the MI quote.

          5            

Click Save on the Short Application.

          6            

MI will be included in Loan Ratios.

          1            

Go to the Short Application.

          2            

Click the Mortgage Insurance button.

          3            

On the Conventional Mortgage Insurance pop up:

·       Select the MI Plan.

·       Place a checkmark for Certificate Transfer from Existing Loan.

·       Enter the current MI Company Name.

          4            

·       For Single Premium – Click Ok.

·       For Monthly Premiums:

-   Click New.

-   Double click in the Premium Rate, Starting & Ending Payment, and the Payment Amount fields and enter the information.

-   Repeat for each rate change on the existing MI.

-   Click Ok.

          5            

Click Save on the Short Application.