Private Mortgage Insurance

An overview of how to set up and use Maxwells PMI integration

Summary

• Overview

• How It Works

• Screengrab Workflow

• MI Providers Supported

• MI Product Types Supported

• Enabling the MI Quotes Integration

Overview

Maxwell’s MI integration allows LOs to retrieve real-time mortgage insurance quotes from all six supported PMI providers, directly within the Point of Sale (POS) so they can shop for the best rate for borrowers. This enables accurate pricing and streamlined borrower pre-qualification.

Get real time price quotes from your providers and select the best option for your borrower.

How It Works

• Setup (see more details below)

  1. Client provides master policy numbers for each MI partner.

  2. MI vendors provision access for the lender for the POS.

  3. Maxwell Admins set up the integration and the policy numbers in POS admin

• Requesting MI Quotes (in Lender Hub)

  1. Create a loan file with LTV > 80%.

  2. Navigate to the Loan Products tab and select an agency loan.

  3. Click “Get MI Quote” (button appears only when MI is required).

  4. In the quote window:

     • Select MI product type (e.g., Borrower Paid Monthly).

     • Click Request Quote.

     • Review and select your preferred quote.

  5. Updated MI pricing displays:

     • In the upper-right corner of the product card.

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

     • PDF copy of the selected quote is stored in the Doc Vault.

Screengrab Walkthrough

New Get MI button will be available on selected loan products where MI is required.

Get real time price quotes from your providers and select the best option for your borrower.

Select which product type you would like in the request quote dropdown.

Selected MI will display where the Get MI button was previously. You can click on it again to change your MI selection.

MI selection will automatically map into other applicable areas of the POS: Pre-qual letters, AUS, and Monthly Payment

Enabling the MI Quotes Integration

1. Email [e-mail]

   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

4. Maxwell will testing to verify everything is working.

5. Lender will user test to confirm results are what they are expecting

MI Providers Supported

Provider	Contact Name	Email
Arch	Will Vickers	[e-mail]
Enact	Jordan Steffaniak	[e-mail]
Essent	Mike Sudol	[e-mail]
National MI	Simon Atwood	[e-mail]
MGIC	Jim Bartz	[e-mail]
Radian		[e-mail]

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)

Note: Split payment options are not currently supported through Maxwell, but can be handled externally in your LOS or with the MI provider directly.