Will Arch MI insure loans with non-occupant co-borrowers?
Yes, Arch MI insures loans with non-occupant co-borrowers. For our Standard Underwriting Requirements, this includes 1–2 unit primary residence with a maximum 95% LTV and maximum loan amount of $970,800 ($1,243,050 for a 2-unit primary residence). Manufactured homes, 3-4 unit properties, second homes and cash-out refinances are ineligible. For more information, refer to our Underwriting Manual.