PMI companies write insurance policies to protect approximately the top 20% of the mortgage against default. This depends on the lender's and investor's requirements, the loan-to-value ratio, and the type of loan program involved. Should a default occur the lender will sell the property to liquidate the debt, and is reimbursed by the PMI company for any remaining amount up to the policy value.
Company NMLS: 1929983
Individual NMLS: 194398
www.nmlsconsumeraccess.org
Regulated by the Colorado Division of Real Estate.
1050 Tamarac Parkway
West Wing Suite
Woodland Park, CO 80863
Phone: (719) 205-0776
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