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New Option in Mortgage Insurance

January 6th, 2011

New Option in Mortgage Insurance

A variety of Mortgage Insurance (MI) programs are now available providing better flexibility and payment control for buyers and incentives for sellers to offer with the sale of their home.  Depending on the borrower’s credit score, we have a number of options available to give your buyers flexibility in planning their home financing.

Current Programs* Include:

  • Lender Paid MI – The lender can pay the MI premium for you in exchange for a higher interest rate.
  • Single Premium – For qualified borrowers, this single payment can be paid up front or financed separately.
  • Split Premium – For qualified borrowers they or the home seller can pay an upfront premium at closing and lesser monthly payments thereafter. Upfront premium can also be financed into the loan.

Call for more information about options for your buyers and incentives for your sellers to offer potential buyers.

*All program subject to qualifications, terms and conditions of mortgage insurance provider. All services rendered by Axiom Financial are to assist in providing mortgage loans. OAC. Not an offer to lend. © 2011 Axiom Financial LLC.

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