Increase your return on mortgage risk-based capital.
AgencyAlpha — an exclusive program from Harmonic, Lockton, and Arch Mortgage Guaranty Company — replaces the GSE's bundled guarantee fee with private mortgage insurance priced on the actual credit risk of your low-LTV, GSE-eligible conforming loans.
Buy-and-hold investors keep the same loans, the same credit box, and the same risk profile — and pick up meaningful excess return the GSE fee was never built to give back.
See if AgencyAlpha fits your portfolioAn exclusive partnership between an insurance technology innovator, the world's largest independent broker, and the highest-rated private mortgage insurer in the U.S.
Not solely priced on credit risk.
The average GSE guarantee fee is 65.2 bps — but only part of that reflects the actual projected loss on your loan. The rest funds a Congressional tax, cross-subsidies to higher-risk borrowers, a liquidity premium, and GSE overhead. For qualifying loans between 50% and 80% LTV, there's a less expensive, risk-based alternative. AgencyAlpha is how you access it.
Three category leaders, one exclusive program.
Harmonic is an innovative embedded insurance platform that built and operates AgencyAlpha. Arch Mortgage Guaranty Company underwrites the coverage, and holds the highest rating for private mortgage insurance in the U.S. Lockton, the world's largest independent insurance broker, is the broker that executes the program. This product is only available through the AgencyAlpha program.
Three principles behind AgencyAlpha pricing.
See AgencyAlpha pricing for your portfolio.
Request PricingBuilt for GSE-eligible conforming loans, 50%–80% LTV, credit score 620+.