RateStar by Arch MI is an innovative, proprietary risk-based pricing program that matches the company’s most competitive mortgage insurance rates to individual loan risk. By using the same data attributes found in traditional rate sheets, RateStar analyzes the data to identify unique combinations and ranges of differences within those attributes to determine pricing.
RateStar, which is available on all devices, provides greater precision in MI pricing, enabling lenders to compete more effectively and offer more affordable mortgages to eligible borrowers. For borrowers, RateStar can mean lower monthly payments.
The platform also educates the lender, providing a personalized evaluation of the risk represented by their individual loan scenarios.