What is the maximum number of investments properties Arch will insure for a borrower?
The maximum number of investment properties that Arch will insure for one borrower is two (2) investment property loans.
Does Arch MI insure investment properties when there are valid DU Approve/Eligible or LPA Accept/Eligible findings?-
Does Arch MI insure investment properties when there are valid DU Approve/Eligible Findings or LPA Accept/Eligible Feedback?
Yes. For loans which meet our EZ Decisioning/SwiftClose program parameters and agency guidelines, investment property purchases and rate/term refinances on one-unit properties are allowed, up to 85% LTV. The maximum loan amount is $679,650 with minimum 680 score and maximum 50% DTI. For additional information, please refer to our EZ Decisioning/SwiftClose guidelines, at https://mi.archcapgroup.com/Portals/1/Documents/Guidelines/010418/SwiftClose_QR_010418_NR.pdf