|
|
ZIP (Zero Initial Premium) Monthlies Program -- The industry's most popular premium plan. RMIC was first in offering ZIP Monthlies, which simplify closing and provide coverage from closing without an upfront mortgage insurance premium payment.
- Reduces paperwork
- Provides immediate MI coverage from closing
- Saves the borrower cash at closing
- Synchronizes MI payments and coverage periods with P&I payments
- Allows advance or arrears billing
- Offers coverage for up to 97% LTV
|
|
|