Does Arch MI insure loans for manufactured homes?

Does Arch MI insure loans for manufactured homes?
March 29, 2018 Darren Metsker

Does Arch MI insure loans for manufactured homes?

Does Arch MI insure loans for manufactured homes?

Yes, Arch MI will insure loans for manufactured homes on a primary residence up to 95% LTV (90% LTV on second homes) under our EZ DecisioningSM program with valid Desktop Underwriter® (DU®) Approve/Eligible or Loan Product Advisor® (LPASM) Accept/Eligible findings. We will also allow a primary residence or second home up to 90% LTV under our Standard Underwriting program. Refer to Section 3.14.04 of our Underwriting Manual for additional requirements. Singlewide manufactured homes are not eligible.