Cut turnaround times, boost volume, enhance your reputation with customers and collect more referrals. Add real power to your operation when Arch MI is your partner. Backed by a solid capital base, we offer expert risk management and financial services to help mortgage lenders protect their investments and expand their origination opportunities. Arch MI is a leading provider of mortgage insurance (MI) in the United States. All information provided by Arch MI is without any warranties, expressed or implied. * Arch MI strives to provide accurate information as part of this new technical support function however, it is not intended to be official advice and is not a replacement for Ellie Mae Encompass support staff consultations. Arch MI offers credit risk enhancement products, expert risk management and financial solutions to help lenders and investors reduce their exposure to mortgage risk. Whether MI was previously lender-paid or. The program has the following parameters: The borrower’s loan must be insured with an active Arch MI certificate. Our RateStar Refinance Retention program allows eligible lenders* and their qualified customers to apply for a reduced monthly MI premium when refinancing their Arch MI-insured mortgages. If a Loan is granted rescission relief for Property Value, it means that the Origination Appraisal complies with Arch. Under the 2020 Master Policy, Arch MI will grant 60-Month Rescission Relief, 36-Month Rescission Relief, and Rescission Relief upon Completion of Quality Control Review on two subject matters - Property Value and Loan Quality. This is because MI protects lenders against the increased risk of borrower default related to mortgages with high loan-to-value (LTV. Mortgage insurance, or simply “MI,” helps people buy a house with only a modest down payment. Arch MI is a marketing term for Arch Mortgage Insurance Company and United Guaranty Residential Insurance Company. Our Customer Training Program is a best-in-class educational curriculum teaching the key skills, techniques and best practices needed to build your team’s confidence and grow your share of originations. Arch MI trains mortgage professionals to compete in today’s fast-paced lending environment. Competitive MI pricing with RateStar ® and. AMGC Community programs allow 1% and even 0% down payments for eligible borrowers gifts and grants are allowed. Manufactured homes, condos, co-ops, single-family and construction-to-perm are all eligible. Visit Our Contact Us Page Find Your Account Manager Find Your Credit Union Account Manager Flexible Arch MI guidelines work with down payments as low as 3% gifts and grants are allowed. The Arch MI teams that support your needs are readily accessible by phone, fax or email. Arch MI values our relationship with customers, so communication is a top priority.
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