Arch MI increases maximum loan amounts to match new 2025 conforming and high-balance limits

Applies to: Conventional loans insured by Arch MI under EZ Decisioning or standard underwriting, with new higher maximum loan amounts.

Investor

Arch

Programs

Conventional

Affected areas

Eligibility; Eligibility

Affected documents

Arch MI Underwriting Manual

Effective

Jan 5, 2025

Applicability confidence

Verified: every row above is supported by the source text

What to review: No change here is mandatory, so first review the optional flexibility: Arch MI now supports higher maximum loan amounts effective immediately, and a loan with a DU Approve/Ineligible or LPA Accept/Ineligible (loan amount only) within the new maximums may be EZ Decisioning eligible if all other requirements are met. Lenders may also keep using the CA 2024-03 1-unit limits through January 5, 2025 only.

QC implications

• For Arch MI loans, check that the maximum loan amount applied matches the new figures: 806,500 for baseline 1-unit and 1,209,750 for high-balance 1-unit.
• For standard underwriting, check that the jumbo range is treated as starting at 1,209,751 and running to 2,000,000.
• For primary residences, check that the new maximums were used: 1,548,975 for 2-unit, 1,248,150 for 3-unit and 1,551,250 for 4-unit.
• Sample loans with a DU Approve/Ineligible or LPA Accept/Ineligible (loan amount only) that were underwritten before the system updates. Confirm they are within the new maximums and that all other underwriting requirements were met before they were treated as EZ Decisioning eligible.
• Where loans were submitted under the CA 2024-03 expanded EZ Decisioning 1-unit limits of 810,000 (1,215,000 for Alaska and Hawaii), confirm the submission was made by January 5, 2025.