Annual Plans

Annual Plans allow borrowers to pay an upfront premium, which can be financed, and then pay yearly renewals. RMIC offers several options under its Annual Plans to meet the individual needs of your borrowers.

• Steady Annuals, which provide equal upfront and renewal premiums.
• Standard Annuals, which combine a slightly higher initial payment and lower renewal payments.
• 95 Advantage Annuals^®  with the upfront premium financed have the lowest monthly borrower payment of any 95% mortgage insurance plan.