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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.
