Is a borrower on a loan with valid DU/LPA approved findings or feedback eligible for mortgage insurance even if they have limited credit?

Is a borrower on a loan with valid DU/LPA approved findings or feedback eligible for mortgage insurance even if they have limited credit?
June 18, 2018 Donna Malecki

Is a borrower on a loan with valid DU/LPA approved findings or feedback eligible for mortgage insurance even if they have limited credit?

Yes!  Loans with valid DU Approve/Eligible findings or LPA Accept/Eligible feedback are perfect for our EZ Decisioning/SwiftClose program.  Under EZDecisioning/SwiftClose, no additional credit or tradeline requirements apply.  For more information, visit our guideline page: https://mi.archcapgroup.com/Guidelines

Last Updated On June 18, 2018