Introduction to Lenders Mortgage Insurance

This module is used to capture the details of the insurance policy that is taken for the stock, property, goods against which a mortgage loan is availed by the customer. Also, this module captures the Lenders Mortgage Insurance (LMI) details and allows the linking of the same to the loan arrangement of the customer.

An external product line and external property class associated with the line have been introduced to capture and store the LMI information.