MI Essentials
In this course you'll learn the basics of mortgage insurance. This will include an overview of how it works and the different types of MI products.
MI Essentials: Introduction
Module 1 of 6
This series will provide you with a basic overview of mortgage insurance and the role mortgage insurance plays in protecting homebuyers and lenders.
MI Essentials: What is Mortgage Insurance?
Module 2 of 6
Learn how MI protects a lender against losses if a homeowner defaults on the payments of their mortgage loan.
MI Essentials: How Does Mortgage Insurance Work?
Module 3 of 6
Review how an individual and a lender qualify for MI, and learn about the types of mortgage insurance products Radian offers.
MI Essentials: What happens when a borrower defaults on a loan?
Module 4 of 6
Learn what happens when a borrower defaults on a mortgage loan, and how mortgage insurance may aid in avoiding or minimizing financial losses for all parties involved.
MI Essentials: Mortgage Insurance Cancellation
Module 5 of 6
Understand how MI cancellation works, including when and how MI coverage can be canceled. Explore scenarios such as borrower-requested cancellations, automatic terminations, and final terminations.
MI Essentials: Check Your Answers
Module 6 of 6
Now that you’ve completed this course, verify your answers.