MI Products

MI Products

Essent offers a number of mortgage insurance (MI) solutions for your homebuyers’ loans. Understanding the basics of each can help you choose the solution that best fists each homebuyer’s unique financial situation.


Learn About the Types of MI

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Borrower-Paid Monthly

Borrower-paid mortgage insurance (BPMI) monthly premium options allows homebuyers to fold their MI premiums into their monthly mortgage payments,…

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Lender-Paid Single

Lender-paid mortgage insurance (LPMI) single premium options may be appropriate for lenders who want to make a one-time, upfront MI premium…

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Borrower-Paid Single

Borrower-paid mortgage insurance (BPMI) single premium options may be a good choice for a borrower who wants to keep the monthly payment low. The…

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Split Premium

Split premium mortgage insurance (MI) options may be good for a borrower who wants to reduce the monthly MI premium in order to qualify for a…

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Lender-Paid Monthly

Lender-paid mortgage insurance (LPMI) monthly premium options allows lenders to pay the monthly premiums and factor that cost into the interest…