RateStar Refinance Retention

Take Advantage of Reduced MI Rates on Refinanced Mortgages

RateStar^®, the industry’s leading risk-based MI pricing tool, features a unique incentive for lenders that are guiding borrowers through the refinancing process. Our RateStar Refinance Retention (PDF) program allows eligible lenders* and their qualified customers to apply for a reduced monthly or single MI premium when refinancing their Arch MI-insured mortgages.

The program has the following parameters:

• The borrower’s loan must be insured with an active Arch MI certificate.
• Whether the MI was previously lender-paid or borrower-paid, the new loan must be set up with a monthly or single borrower-paid MI (BPMI) premium.

Getting your reduced rate for the refinanced loan is easy. First, check whether your borrower’s loan is eligible on RateStar:

If the loan is eligible, you can then simply request your quote through your LOS as you do normally or continue to use the RateStar portal. If you use RateStar, it will return a reduced MI rate and either a monthly or single MI premium that you can print and submit with your application.

To review the step-by-step process for getting a quote though our portal, use the RateStar Refinance Retention Program Process Guide (PDF).

Pricing and Product Engines (PPEs) do not include Arch MI’s reduced rates for this program. To access the reduced rates, you will have to submit a quote request directly from an LOS system or use the RateStar portal.

* As of January 18, 2023, lenders domiciled in the following states — Alaska, Hawaii, Louisiana, Missouri, New Mexico, New York, Ohio and Washington — are not eligible for this program.