BPMI Deferred Monthly Non Refundable
Premium is paid monthly starting with the first mortgage payment from the borrower. No initial premium is required at closing.
BPMI Monthly Non Refundable
Premium is paid monthly. Initial premium is required at closing.
BPMI Deferred Monthly Refundable
Premium is paid monthly starting with the first mortgage payment from the borrower. No initial premium required at closing. Refunds are paid on a pro-rata basis.
BPMI EssentFLEX Non Refundable
EssentFLEX
BPMI Monthly Refundable
Premium is paid monthly; refunds are paid on a pro-rata basis. Initial premium is required at closing.
BPMI Single Non Refundable
Premium may be financed into the loan amount; coverage remains in effect until canceled; cancellations under the Homeowners’ Protection Act (HPA) of 1998 will result in refund of unearned premium.
BPMI Single Refundable
Premium may be financed into the loan amount; coverage remains in effect until canceled; non-HPA cancellation will result in a refund based upon Essent’s Single Premium Refund Schedule for Non-HPA Terminations obtainable from Essentconnectsupport@essent.us. [RF-79]
BPMI Split Non Refundable
Premium is split into an upfront premium and a monthly premium; the Upfront Premium may be financed into the loan amount or paid at closing; cancellations under the Homeowners’ Protection Act (HPA) of 1998 will result in refund of unearned premium.
BPMI Split Refundable
Premium is split into an upfront premium and a monthly premium; the Upfront Premium may be financed into the loan amount or paid at closing; non-HPA cancellation will result in a refund based upon Essent’s Refund Schedule for Non-HPA Terminations obtainable from Essentconnectsupport@essent.us. [RF-81]
LPMI Monthly Non Refundable
Premium is paid monthly.
LPMI Single Non Refundable
Coverage remains in effect until the loan is paid in full.
LPMI Split Non Refundable
Premium is split into an upfront premium and a monthly premium.