Foundations on Demand

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.

Introduction

This series will provide you with a basic overview of mortgage insurance and the role mortgage insurance plays in protecting homebuyers and lenders.
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What is Mortgage Insurance?

Learn how MI protects a lender against losses if a homeowner defaults on the payments of their mortgage loan.

How Does Mortgage Insurance Work?

Review how an individual and a lender qualify for MI and learn about the types of mortgage insurance products Radian offers.

What happens when a borrower defaults on a loan?

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.

Mortgage Insurance Cancellation

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.

5 Training Lessons