Product Announcement – FNMA Lender-Paid Mortgage Insurance Program
LPMI Program Now Available!
Effective November 8, 2011, Conventional 30-year Conforming and High Balance Fixed-Rate loans with Lender-Paid Mortgage Insurance (LPMI) are available under product codes 2C30FLPMI and P2H30FLPMI, respectively.
Pricing is now available on the rate sheets posted in the Loan Programs section of our website. When using the CASH system, please choose “99” form the Mortgage Insurance drop-down if creating a scenario for an LPMI loan.
For specific program qualifying requirements, please review the attached Product Guidelines which are also posted on our website.
If you have additional questions, please consult with your Account Executive.
Thank you for your continued business!