Are loans with DU Refer or Loan Product Advisor (LPA) Caution findings eligible for mortgage insurance with Arch MI?

Are loans with DU Refer or Loan Product Advisor (LPA) Caution findings eligible for mortgage insurance with Arch MI?
April 26, 2018 Donna Malecki

Are loans with DU Refer or Loan Product Advisor (LPA) Caution findings eligible for mortgage insurance with Arch MI?

Are loans with DU Refer or Loan Product Advisor (LPA) Caution findings eligible for mortgage insurance with Arch MI?

Loans receiving DU® Refer with Caution, Loan Product Advisor® (LPA) Caution 500 A-minus Eligible or LPA Caution recommendations are eligible for insurance with Arch MI when meeting all of our Standard Underwriting Requirements. In some cases, a non-delegated submission may be required. For more information, refer to Chapter 3 of our Underwriting Manual.

Arch MI Underwriting Manual (CU)