To have single premium MI, you would need to select "Single" from the Upfront Premium Type dropdown. This flag will provide the one-time Single Premium field in the Closing Cost section of the loan scenario. Go ahead and put in the single premium in this field and choose whether or not to finance the amount into the loan. Then in the monthly cost screen, do not put in an MI factor as they would not be responsible for monthly MI.
How do I show a single MI Premium?
Comments
0 comments
Please sign in to leave a comment.