> For the complete documentation index, see [llms.txt](https://docs.himaxwell.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.himaxwell.com/platform-overview/admins-and-tech-support/integrations/private-mortgage-insurance-pmi-for-admins.md).

# Private Mortgage Insurance (PMI for Admins)

## Summary

* [Overview ](#overview)
* [Basic Setup](#basic-setup)
* [How It Works ](#how-it-works)
* [Enabling the MI Quotes Integration](#enabling-the-mi-quotes-integration)
* [MI Providers Supported](#mi-providers-supported)
* [Product Type Selections Available ](#mi-product-type-selections-available)

## Overview

**Maxwell’s Mortgage Insurance Rate Quote Tool** allows lenders to generate accurate MI quotes early in the process from all six supported PMI providers directly within the Point of Sale. This allows you to shop for the best rates for borrowers, so you can provide transparent pricing to your borrowers and stand out from your competitors using blended rate quotes pre-qualificiation. 

<figure><img src="/files/8oi9qHo4wxCMbG5t3Jys" alt=""><figcaption><p>Get real time price quotes from your providers and select the best option for your borrower. </p></figcaption></figure>

### Basic Setup

**(**[**see more details below**](#enabling-the-mi-quotes-integration)**)**&#x20;

1. Lender provides **master policy numbers** for each MI partner as well as business name and address.
2. Maxwell reaches out to MI vendors to **provision access** for the lender for the POS.&#x20;
3. Maxwell Admins **set up the integration** and the policy numbers in POS admin.
4. Lender admin **test and confirm** prior to launching within the greater organization.

### **How it works**

**Requesting MI Quotes (in Lender Hub)**

1. Create a loan file with **LTV > 80%**.
2. Navigate to the **QuickPricer Search Products** tab and select an agency loan and "add to scenario"&#x20;

<figure><img src="/files/vILZkdRdz7Sy3RLGob18" alt=""><figcaption><p>Select an agency loan to get MI </p></figcaption></figure>

3. From the loan scenarios view scroll down to monthly payment information and Click **Get MI**.

<figure><img src="/files/MvqkEzHZ5pBOPyOjleqZ" alt=""><figcaption><p>Maxwell pulls the MI quote from the P&#x26;PE when available and sets that as the default rate. </p></figcaption></figure>

4. A **Mortgage Insurance Quotes** window will pop up Select the desired product type (BPMI, from the dropdown and click **Request Quotes**.
5. Maxwell will send the request to your integrated MI providers. After a few seconds, available MI quotes will be returned. **Select** your desired quote.

<figure><img src="/files/dTxVdeUro7BOEOpdMoC3" alt=""><figcaption><p>Shop and compare rates from your MI providers from QuickPricer</p></figcaption></figure>

6. Updated MI pricing displays:

* In the **Mortgage Insurance** row of Loan Scenarios&#x20;

<figure><img src="/files/1Hjqfju00bsPSHaMgNd4" alt=""><figcaption><p>Selected rate will appear with the MI checkmark. If a rate card rate was previously returned from the P&#x26;PE it will display what the original value was to the Lender only (not to the borrower).  Click the checkmark to shop rates again. </p></figcaption></figure>

* Throughout the POS (e.g., pricing summary, pre-qual letters, AUS).

<figure><img src="/files/e7r78QOrwlHT6PlvgsVu" alt=""><figcaption><p>MI selection will automatically map into other applicable areas of the POS: Pre-qual letters, AUS, and Monthly Payment</p></figcaption></figure>

* A **PDF copy** of the selected quote is stored in the **Documents Vault**.

<figure><img src="/files/q0PfdoXdzlMWWFZSMRgh" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/wmkdurVYiIqq028YDfXO" alt=""><figcaption><p>You can download or preview the rate quote PDF from your provider. It is also available to sync to your LOS. </p></figcaption></figure>

### Enabling the MI Quotes Integration&#x20;

1. Email **<help@himaxwell.com>**
   1. **Subject line:** `MI Integration`
   2. **Include in body:**
      * Lender name
      * Head office address
      * Master policy number(s) for each MI partner
2. Maxwell will help coordinate provisioning with the MI provider (see contacts list below)
3. Maxwell Implementation and Engineering complete the integration setup&#x20;
4. Maxwell will testing to verify everything is working.
5. Lender will user test to confirm results are what they are expecting&#x20;

### MI Providers Supported&#x20;

<table><thead><tr><th width="207.3984375">Provider</th><th width="162.80078125">Contact Name</th><th>Email</th></tr></thead><tbody><tr><td>Arch</td><td>Will Vickers</td><td>wvickers@archmi.com</td></tr><tr><td>Enact</td><td>Jordan Steffaniak</td><td>Jordan.Steffaniak@enactmi.com</td></tr><tr><td>Essent</td><td>Mike Sudol</td><td>mike.sudol@essent.us</td></tr><tr><td>National MI</td><td>Simon Atwood</td><td>simon.attwood@NationalMI.com</td></tr><tr><td>MGIC</td><td>Jim Bartz</td><td>jim_bartz@mgic.com</td></tr><tr><td>Radian</td><td></td><td><a href="mailto:ClientConnectivitySupportInbox@radian.com">ClientConnectivitySupportInbox@radian.com</a></td></tr></tbody></table>

### MI Product Type Selections Available

At quote time, lenders can choose from supported options via dropdown:

* **BPMI Monthly – Constant Renewal**
* **BPMI Monthly – Declining Renewal**
* *(LPMI and BPMI Single options may be supported depending on integration scope)*

{% hint style="warning" %}
Note: Split payment options are not currently supported through Maxwell, but can be handled externally in your LOS or with the MI provider directly.
{% endhint %}