Arch MI Master Policy

The Arch MI Master Policy is the cornerstone of your relationship with us. Learn more about your rights and responsibilities under our current Master Policy by exploring our Information Center.

Become a Master Policy Holder

Application to Become a Master Policyholder (Standard, Delegated and Servicing) for Both AMIC and AMGC.

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Arch MI’s 2020 Master Policy Information Center

Welcome to the Arch MI Master Policy Information Center — your home for the information you need to understand our Master Policy. The Master Policy and related Endorsements set a standard for confidence, clarity and transparency of mortgage insurance coverage.

It is important to us that you understand our Master Policy. To that end, this site includes links to:

  • Independent Validation Program Manual.
  • Master Policy and Endorsements.
  • A description of the key provisions of the Master Policy effective March 1, 2020.
  • An overview of your and our rescission rights under the Master Policy.
  • Master Policy FAQs.
  • An overview of Arch MI’s industry-leading expedited Claims process and our Delinquency and Claims Reference Manual.

The Master Policy has been approved for use by state insurance regulators and by the GSEs and conforms to the GSEs’ 2018 mortgage insurer master policy requirements. The Master Policy became effective on March 1, 2020. All insured Loans with application dates on that date or later are covered under the Master Policy.

Master Policy Comparison Document

Delegated Program Manual

Arch MI has designed the Delegated Program to enable customers that agree to comply with Arch MI’s underwriting guidelines, the Master Policy and the Delegated Program Policy to obtain mortgage insurance in just moments. Click the link below to open our Delegated Program Manual.

Delegated Program Manual

Master Policy Documents

Below you’ll find links to the Master Policy and Endorsements:

Master Policy — The Master Policy governs the terms of coverage for all Loans with MI Application dates on or after March 1, 2020. Our old master policy will continue to govern the terms of coverage on all Loans with MI Application dates prior to March 1, 2020.

Delegated Endorsement — For delegated customers, this endorsement sets the terms of our Delegated Underwriting Program.

Independent Validation Endorsement — Under our new Master Policy, 36-month Rescission Relief is provided automatically. For lenders who want early Rescission Relief, we offer our Independent Validation program. The Independent Validation Program Manual explains some of the terms and conditions included in the Independent Validation Endorsement. Customers must specifically request the Independent Validation Endorsement be added to their Master Policy in order to participate in the program.

Frequently Asked Questions

Check out the FAQs about our 2020 Master Policy.

Still have questions? No problem. Just contact your Account Manager.

Servicing Reports

Until further notice, which shall be reasonably supplied, submission of the Servicing Report defined in the Master Policy under Section 5.4 is voluntary.

If a servicer wishes to voluntarily submit the Servicing Report, Arch MI will accept either the comprehensive or minimum version of the MILAR template — or any other subset of MILAR the servicer chooses to report.

Our Streamlined Claims Process

In our Master Policy, we provide certainty with respect to Claims documentation. Arch MI’s Master Policy requires that the Delinquency and Claims Reference Manual (“DCRM”) published on our website identify all the documents that may be required to be submitted with Claims. For most claims, this means that you will only be required to submit the following six documents with your claim: attorney chronology, collection notes, servicing notes, loss mitigation notes, current broker’s price opinion (BPO), and Loan payment history. You will only be required to submit additional documents if they are needed to process your Claim. The Claims documentation section of the DCRM can be found on pages 14–15 of the DCRM link below.

Delinquency and Claims Reference Manual