Find out if AgencyAlpha fits your portfolio.
The process
From investment criteria to a flow purchase program, in four steps.
Here's what to expect, from your first conversation with our team to an active AgencyAlpha flow program.
1
Share investment criteria
Loan type, LTV range, FICO floors, and volume targets, shared with the Harmonic & Lockton team.
Eligible loan details →
2
Model returns
AgencyAlpha rates run against your target portfolio to model yield improvement on your existing investment criteria.
3
Shadow bid
Bid against live loan tapes to validate the economics before committing capital.
4
Set up a flow program
Establish a flow purchase program and begin building a portfolio of AgencyAlpha-insured conforming whole loans.
Loan eligibility and coverage details
Loan eligibility
- —Follows GSE servicing guidelines
- —Desktop Underwriter / Loan Prospector approved
- —Credit score 620+
- —Single-family, condo, or PUD
- —2nd homes and non-owner-occupied eligible at additional premium
- —LTV between 50% and 80%
Coverage details
- —Beneficiary is the loan or bond owner/investor
- —Term is the lesser of 10 years or until the balance falls below 50% LTV
- —Covers net loss — outstanding balance minus sale proceeds, plus taxes, insurance, maintenance, and accrued interest
- —Claims paid at final realized loss
- —Excludes fraud and misrepresentation
- —Premium and exposure decline on a strip basis
- —Non-cancellable by the insurer
- —The Arch/AMGC Master Policy governs in the event of any conflict with this summary