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Does Arch provide contract underwriting services?
-Does Arch provide contract underwriting services?
Yes! Arch Fulfillment Services (AFS), an affiliate of Arch MI, offers secure, efficient, consultative contract underwriting services. Our expert team is ready to underwrite to your investors’ guidelines — for loans with or without mortgage insurance.
We offer the capability to underwrite to a wide range of investor guidelines, including Fannie Mae, Freddie Mac, the Federal Home Loan Bank (FHLB) system and all investors listed in AllRegs®. For more information, please contact your Arch MI Account Manager. -
Does Arch MI consider exceptions to published guidelines?
-Does Arch MI consider exceptions to published guidelines?
Loans with exceptions may be considered on a case-by-case basis. Upon receipt of a full file for consideration, our underwriting team will review the risk and compensating factors before notifying you of a decision.
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Can I submit credit documents for review before the appraisal is available?
-Can I submit credit documents for review before the appraisal is available?
Yes, we are happy to review a file submitted before the appraisal is obtained. Our underwriters will review the credit package. If approved, we will condition for satisfactory appraisal.
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Can Arch MI review a single document before a loan is submitted?
-Can Arch MI review a single document (for example, just the appraisal, condo questionnaire, tax return etc.) before a loan is submitted?
In order to ensure a thorough analysis and better assessment of overall risk, we require a full file to review. We are unable to issue a decision unless a file is submitted.