Mortgage Lenders. Grow Volume. Manage Risk.

PDQ^SM Delegated Underwriting

PMI Partner Delivered Quality® translates to flexibility and ease in working with us.

As an approved PMI delegated lender, you are eligible for PDQ’s many benefits:

• Streamlines the underwriting process with the ability to approve loans for MI at the point of application.
• Applicable to all PMI programs, as well as Desktop Underwriter® or Loan Prospector® “Eligible” loans.
• Acceptance of your own underwriting guidelines, upon review and approval by PMI.

Submitting your PDQ application is easy electronically, using e-PMI® or ediMXL formats. Applications can also be faxed to PMI’s National Underwriting Center.

Instant Alerts help PDQ lenders meet our guidelines.

Our e-PMI and EDI Origination systems* generate instant alerts as soon as you submit information that falls outside acceptable parameters for one or more of the key loan characteristics driving eligibility. So you'll know exactly why – right away.

Here's an example of an alert for an LTV greater than 95%:

Following is a list of the key loan characteristics covered by our instant alerts:

• LTV
• Loan Amount
• Credit Score
• Occupancy
• Loan Purpose
• Property Type
• Property Location (Distressed Markets)
• Documentation Type
• DTI

To learn more about our delegated underwriting options, contact your PMI representative or the PMI National Underwriting Center. Or call 800.966.4PMI (4764).

*e-PMI and EDI are not underwriting systems, and cannot validate income, assets, appraised value, seller contributions, TPO information, CLTV, high-cost area criteria, etc.