Exception Request
* Exceptions will NOT be considered for any Arc Elite, Conventional Investment, FNMA/FHLMC Second Home & Investment, and/or Jumbo loans. *
** The exception form is located below the exception restrictions, please review the restrictions and continue to the bottom of the page. **
Arc Access Non-QM Exception Restrictions
At this time, Arc Home will not consider exceptions submitted for Arc Access Non-QM transactions when any of the items noted below are present.
Acreage
Asset Utilization
Borrower Residency
Cash-Out Seasoning
Conflict of Interest
Credit Score
Debt-to-Income (DTI)
Debt Service Coverage Ratio (DSCR)
Derogatory Credit
Escrows (Impound Accounts)
First Time Home Buyer
Housing Payment History
Income
Loan Amount
Loan-to-Value (LTV)
Mixed-Use Properties
Multiple Exceptions
NSF/Overdrafts
Non-Occupant Co-Borrower
Property Flipping
Reserves
Rural Properties
2022 Arc Home LLC | All Rights Reserved | Nothing in this document shall constitute a commitment to lend or guaranty to lend at a specified rate or under any specific terms and conditions. Eligibility to participate in any and all commercial lending programs are subject to credit review, underwriting and subject property approval. Programs, rates, fees, terms and conditions are subject to change at any time and without notice. Arc Home LLC conducts business as Arc Home Loans LLC in AR, FL, IL, MO, TX and WI and, as Arc Home LLC, a limited liability company of Maryland, in OR.
08/09/2022
Fields marked with asterisk (*) are mandatory