MI - Mortgage Insurance - SPLIT 50 AND SPLIT 100
Split 50 and Split 100 is a hybrid program combining a single-premium M.I. adjustment with the balance of the M.I. premium to be paid at a reduced monthly rate. Your client will benefit from a lower monthly M.I. payment, saving them hundreds of dollars every month while giving them a great low rate.
LTV's up to 95%
Split 50 at only 50 basis points
Split 100 is a less expensive option for your borrower than FHA loans