Zip Monthlies

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 all loan-to-values up to 103% LTV