Helping lenders expand access to homeownership with financial strength, service and innovative MI solutions
Arch Mortgage Insurance Company® (Arch MI) is proud to support the Rhode Island Mortgage Bankers Association and its members with mortgage insurance (MI) solutions that help lenders serve more borrowers, manage risk and support second-lien lending.
As an industry-leading, diversified insurer of mortgage credit risk, Arch MI combines unmatched financial strength, responsive service and flexible coverage options to help lenders navigate changing market conditions with confidence.
Help Renters Become Homeowners
The purchase challenge is clear. Rhode Island’s median sale price for homes reached $538,315 in June, which is 32% higher than the U.S. median, Redfin reports. As a result, many buyers in the Ocean State need more flexible down-payment options and resources in order to purchase a home.
Arch MI’s Buy with MI gives lenders practical ways to structure and insure low-down-payment loans, helping open the door for borrowers who may be closer to homeownership than they realize. This program supports down payments as low as 3% for eligible borrowers. Through Arch Mortgage Guaranty Company’s Community Heroes Program, essential workers like teachers, nurses and emergency personnel may qualify for loans requiring only modest down payments when buying homes in the communities they serve.
Explore Second-Lien Opportunities in the Ocean State
Rhode Island ranks fourth among equity-rich states — with 57.2% of the state’s homeowners owing less than half of their property’s estimated market value, ATTOM reports. As more homeowners turn to home equity loans for home improvements, debt consolidation and education expenses, Arch MI Equity Secure® helps lenders expand home lending offerings while transferring second-lien risk to Arch Mortgage Assurance Company, a credit agency-rated, admitted insurer affiliated with Arch MI.
The Strongest Financial Ratings in the Industry
Arch MI is backed by Arch Capital Group Ltd., a global insurance, reinsurance and mortgage insurance provider and member of the S&P 500. Its financial strength is recognized by leading ratings agencies, with ratings of AA- from Standard & Poor’s, A1 from Moody’s and A+ from Fitch.
Lenders also benefit from Arch MI’s experienced sales, underwriting and claims teams, along with resources such as ASK Arch MI for MI underwriting guidance and Arch MI Academy for professional mortgage training, customized webinars, on-demand modules and borrower education.
A Partner for Rhode Island Lenders
For Rhode Island MBA members focused on helping more borrowers achieve sustainable homeownership, Arch MI offers personalized service, flexible coverage and practical training resources to support first-time homebuyer, portfolio and second-lien lending strategies.
To learn more, contact Lou Chinappi, Arch MI Account Manager for Rhode Island, Connecticut, Maine, Massachusetts and New Hampshire, at 617-721-9717 or [email protected].
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Sidebar: Why Choose Arch MI?
· 1,800+ lender relationships
· 1 million homeowners helped (five years).
· 20 million rate quotes per year.
· 70,000 servicing communications per year.
· 1 million+ full files underwritten (past 10 years)
· 75+ systems integrations.
Arch Mortgage Insurance Company® | ARCH MORTGAGE GUARANTY COMPANY® | 230 NORTH Elm StREET Greensboro NC 27401 | ARCHMI.COM MCUS-B1518-0826
© 2026 Arch Mortgage Insurance Company. All Rights Reserved. Arch MI is a marketing term for Arch Mortgage Insurance Company, Arch Mortgage Guaranty Company and United Guaranty Residential Insurance Company. Arch Mortgage Insurance Company, Arch MI, Arch Equity Secure and Arch Mortgage Guaranty Company are registered marks of Arch Capital Group (U.S.) Inc. or its affiliates.