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Mortgage Insurance Coverage Options Fannie Mae and Freddie Mac offer a variety of coverage options. The table below details the standard coverage requirements. There may be more coverage offerings. Be sure to consult your automated underwriting system response and program descriptions.
Radian’s exclusive RADAR® Rates dynamically analyze credit risk inputs, with each rate quote finely tuned to a borrower’s individual risk profile and loan attributes. See what makes RADAR Rates so different. Refer to the Terms and Conditions for RADAR Rates.
Servicers with helpful information for meeting Radian’s expectations as it pertains to originating and servicing Loans with active Radian mortgage insurance (MI) coverage under Master Policies #RAF483 and #RAF700. In addition to the information contained within this Guide, please consult the applicable Radian
Certifies that the persons listed on the form are bound to the Texas Department of Insurance in the sum of $10,000 as specified at 28 Texas Administrative Code Section 19.705. For individuals and entities to apply for a Reinsurance Intermediary License under the provisions of TIC, Chapter 4152.
RADAR® Rates. General Terms • The lender submitting the Insurance Application must be the Insured. • All Insurance Applications, Commitments, and Certificates are subject to Radian’s Master Policy, Underwriting Guidelines, and Origination and Servicing Guide.
Approved Mortgage Insurance Forms Following are the mortgage insurance forms approved for use in connection with loans having application dates on or after March 1, 2020: Document Name Arch Mortgage Insurance Company Form/Version No. First Lien Master Policy First Lien Master Policy PR Declaration Page Declaration Page IL Declaration Page OK
Application through your LOS or Radian’s MI Online portal or contact Customer Care if you need assistance associating a Quote ID with your MI Application. Radian automatically provides you with the lowest MI Rate possible by comparing rates available on the date your Quote ID was issued and rates available on your MI Application date ...