In order to ensure accurate MI rate quotes, it is imperative for all users to use FastTrac 360 (FT360) to order quotes and Mortgage Insurance. Do not order quotes or MI on the MI company’s website, you must use FT360. See instructions by clicking on the hyperlink above.
The various MI companies have different policies in regards to including or not including the MI premium in the debt to income ratio (DTI). Use the guidance in the hyperlink below to properly input information in FT360 to ensure the MMI payment is or is not included in the DTI for accurate pricing with the MI company.
To obtain correct pricing, for the initial quote and final mortgage insurance certificate, follow these instructions in the hyperlink below.