January 30, 2024

Does Arch MI insure loans for manufactured homes?


Yes, Arch MI will insure loans for manufactured homes on a primary residence up to 95% LTV (90% LTV on second homes) under our EZ DecisioningSM program with valid Desktop Underwriter® (DU®) Approve/Eligible or Loan Product Advisor® (LPASM) Accept/Eligible findings. We will also allow a primary residence or second home up to 90% LTV under our Standard Underwriting program. Refer to Section 3.14.04 of our Underwriting Manual for additional requirements. Singlewide manufactured homes are not eligible.