Does Arch MI allow Appraisal Waivers when Desktop Underwriter® (DU®) or Loan Product Advisor® (LPASM) findings permit?

Does Arch MI allow Appraisal Waivers when Desktop Underwriter® (DU®) or Loan Product Advisor® (LPASM) findings permit?
March 29, 2018 Darren Metsker

Does Arch MI allow Appraisal Waivers when Desktop Underwriter® (DU®) or Loan Product Advisor® (LPASM) findings permit?

Does Arch MI allow Appraisal Waivers when Desktop Underwriter® (DU®) or Loan Product Advisor® (LPASM) findings permit?

Yes, with the exception of Fannie Mae’s Rural High-Needs Appraisal Waiver being ineligible, our EZ DecisioningSM program allows Appraisal Waivers in accordance with Agency guidelines.