Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >

PMI Code

Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Origination/Maturity tab >

PMI Code

Previous pageReturn to chapter overviewNext page

Entry: System, numeric

F/M: Yes

Mnemonic: LNPMIC

Screen: Loans > Account Information > Additional Loan Fields > Origination/Maturity tab

 

The PMI Percent field and PMI Code field work together. The PMI Code field displays the code for the company that insures the mortgage. A blank field indicates no PMI.

 

If the loan principal is automatically increased by a calculated amount, the principal increase can be applied to insurance premiums using codes 9901 through 9907. New codes may be added by sending a work order to GOLDPoint Systems. The following codes are currently available.

 

Code

Description

01

General Electric Mortgage Insurance Co.

Raleigh, N.C

02

Verex Assurance, Incorporated

Madison, Wisconsin

03

CMG Mortgage Insurance Co.

San Francisco, California

04

Radian Guaranty, Inc.

Philadelphia, Pennsylvania

05

Investors Mortgage Insurance Co.

Boston, Mass

06

Liberty Mortgage Insurance Corp.

Cincinnati, Ohio

07

Mortgage Guaranty Insurance Corp.

Milwaukee, Wisconsin

09

Foremost Guaranty Corp.

Madison, Wisconsin

10

Ticor Mortgage Insurance

Los Angeles, Calif.

11

PMI Mortgage Insurance Co.

San Francisco, Calif.

12

United Guaranty Corp.

Greensboro, N.C.

13

Republic Mortgage Insurance Co.

Winston-Salem, N.C.

14

Maryland Housing Fund

Annapolis, Maryland

15

WMAC Credit Insurance Corp.

Milwaukee, Wisconsin

16

Home Guaranty Insurance Corp.

Richmond, Virginia

17

Commonwealth Mortgage Assurance Co.

Philadelphia, Penn.

19

PAMICO Mortgage Insurance Co.

Blue Bell, Penn.

20

Integon Mortgage Guaranty Corp.

Winston-Salem, N.C.

21

Triad Guaranty

Winston-Salem, N.C.

58

Paid Up Front

80

Secured by certificate of deposit

99

Self Insured

9901

Life Insurance Premium

9902

Disability Premium

9903

Life/Disability

9904

No Insurance

9905

Joint Life Premium

9906

Disability/Joint Life

9907

Life/Accident/Health

 

©2017 GOLDPoint Systems. All rights reserved.