-
Are two appraisals required for jumbo loan amounts on Arch MI Standard programs?
-Are two appraisals required for jumbo loan amounts on Arch MI Standard programs?
For loans over $1 million, Arch MI requires either a second full appraisal or a field review to support the value. For loans submitted under an AMGC Master Policy, requirements may differ. Refer to the AMGC guidelines at https://mi.archcapgroup.com/AMGC