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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 up to 97% LTV
 
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