|
|
 |
| |
|
Home > Property Insurance Coverage > Home Owners Insurance > Triad Guaranty Insurance
Triad Guaranty Insurance
Triad Guaranty Insurance Corporation, a wholly owned subsidiary of Triad Guaranty Inc., offers private mortgage insurance to residential mortgage lenders nationwide. Mortgage insurance protects their customer, the lender, from default related losses. It is a requirement in most home purchases and refinancing involving conventional residential first mortgage loans to borrowers with a down payment of less than 20 percent. The availability of mortgage insurance enables a borrower to put as little as zero percent down in some instances. By providing this mortgage tool, Triad makes housing affordable to millions of people who otherwise wouldn’t be able to afford a home of their own.
In 1987, Triad Guaranty Insurance Corporation was formed as a subsidiary of Primerica Corporation and began writing mortgage insurance in 1988. In 1993, Triad Guaranty Inc. was formed as an insurance holding company for Triad Guaranty Insurance Corporation, and went public on the Nasdaq Stock Market under the symbol The Company. Headquartered in Winston Salem, North Carolina and domiciled in Illinois, Triad has sales representatives and underwriting offices nationwide.
They provide direct on line access to loan data so that Triad’s customers can make their borrowers’ loan transfers and cancellations, activate deferred premium policies and much, much more. Mortgage Insurance provides TAXI makes ordering Mortgage Insurance easier and even more convenient by enabling their customers to order Mortgage Insurance over the internet.
Triad Guaranty Insurance offers lenders customized contract underwriting at any of their Underwriting Offices across the country. Triad always provides a speedy response. Once a contract underwriting agreement is in place, they will constantly monitor the progress of the relationship to ensure that their service continues to meet the lenders’ needs and exceed expectations.
Everything you need to know about
Home Insurance is here at
CovermeHomeInsurance.com
Permission is granted to reproduce this article as long as the above
resource paragraph is left intact with active links.
Back to Home Owners Insurance
|
|
|
|
|
|
|
|