Singlemax

RMIC's new Singlemax Plus program offers some of the lowest borrower-paid premiums in the industry on high quality loans.

Best borrower payment option compared to combo and MI alternatives
- Financed single premium provides lowest borrower monthly payment
- Borrower gets tax-deductibility benefits
- Provides an attractive interest rate including all rate adjustments for credit enhancement

Competitive rate advantage
- No rate adjustments such as those needed to cover LPMI premiums

Enhanced product eligibility
- Minimum 620 FICO up to 95% LTV
- Second Home, Cash-Out Refinance, and Investor Property eligibility with premium adjustments
- Best borrower-paid single rates in the industry on high quality loans

Operational Benefits
- One loan to originate, process, underwrite, and close
- Originator paid for a larger first lien mortgage
- One loan to service and no special LPMI boarding process