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Did you see Franks outrage at Liddy in yesterdays questioning of the AIG bonuses? He's a piece of work. First of all, he's part of the reason that AIG is in such a financial mess. A big part of AIG's business is mortgage insurance, which is needed when there isn't a large enough downpayment on a property. That would include a lot of Fannie Mae & Freddie Mac loans.
The following is directly from AIG's website.
Benefits of Mortgage Insurance for Mortgage Professionals
Do your clients want it all?
Low payments, no money down, best interest rate, low premiums…
AIG United Guaranty can help.
We offer more of what your clients want and need than any other insurer in the Canadian marketplace. We have made it our vision to be the leader in innovative mortgage insurance products.
More down payment options: AIG United Guaranty offers 5% and 5% Flex down payment options.
More amortization options: AIG United Guaranty offers 35 year amortizations.
AIG United Guaranty’s 12 unique insurance products enable your clients to make lower down payments, buy the home they want today, and have cash available to cover the closing costs and even perhaps that great dining room set they told you they loved.
What does AIG United Guaranty’s commitment to Innovation, Flexibility, and Choice mean for you, the mortgage professional?
More Satisfied Customers = More Referred Customers
How can AIG United Guaranty make this happen for you?
Streamlined application processing though our proprietary application processing system MI Guide – providing intuitive screens flows, drop downs menus and reduced input requirements to simplify the process.
Transparent underwriting guidelines – posted on our MI Guide system which provides you with the most up to date information and benefits.
Experienced and Solution oriented underwriting professionals – offering solutions that are as unique and dynamic as your clients’ needs.
Dedicated and experienced Account Executives – providing training and assistance on MI Advantage products and solutions.
One Partner. Countless Advantages.
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