Arc Home LLC Review 2026: 1,330 DSCR Loans, Broker-Only (HMDA)

What Arc Home is, and how you reach it

Arc Home LLC is a private wholesale and correspondent mortgage lender, not a retail lender you apply to. Its corporate site greets visitors with “Discover the Future of Non-QM and Non-Agency Lending with Arc Home” and “Innovative Solutions and Service for Brokers and Correspondents”, with separate entrances for wholesale, correspondent and a HELOC product called HomeEQ. That is the company’s description of itself. The registered legal entity is ARC HOME LLC, a Maryland company with an ACTIVE record, formerly WEI MORTGAGE LLC, with HomeEQ listed as a trading name (GLEIF record). The site gives NMLS number 81386 and an office at 224 Strawbridge Drive, Moorestown, New Jersey, and you can check its licences at NMLS Consumer Access.

That is the same broker-only model we describe in our UWM review, and the opposite of the direct model in our CrossCountry review. The practical consequence is that your quote comes from a broker, who chooses among several lenders, and Arc Home may be the one that closes and funds the loan. The broker’s compensation is in no federal file.

Who owns Arc Home: what the TPG Mortgage Investment Trust filings say

TPG Mortgage Investment Trust, Inc. (ticker MITT) is a mortgage REIT that was named AG Mortgage Investment Trust, Inc. until November 2025 on EDGAR. Its 10-Q for the quarter ended June 30, 2026, filed August 10, 2026, says the company is “externally managed by AG REIT Management, LLC”, a wholly-owned subsidiary of TPG Inc. (our page on TPG Inc. covers the manager). On Arc Home, the 10-Q states that in 2015 the company, “alongside private funds managed by TPG or its affiliates”, formed Arc Home through AG Arc LLC, and that the company owned “an approximate 66.0% interest” at June 30, 2026.

What this means for a borrower is narrow. The ownership is a fact about who holds Arc Home’s equity; it says nothing about the terms of a loan, and the 10-Q does not describe any DSCR product. The one overlap is the buyer side: the 10-Q says Arc Home “may sell loans to the Company, third-parties, or affiliates of the Manager”, while HMDA shows 84.0% of Arc Home’s DSCR-type loans going to private securitizers within the year without naming them. We cannot tell from either source who bought your type of loan.

MITT also announced a merger with Cherry Hill Mortgage Investment Corporation. Its 8-K for August 9, 2026 (filed August 10, 2026) says each Cherry Hill share would convert into 0.3063 MITT shares and $0.41 in cash from MITT, plus $0.52 in cash from the MITT manager, subject to stockholder votes, an effective registration statement and other conditions, and that either side may terminate if the merger has not closed by March 9, 2027 (May 9, 2027 if regulatory approvals are missing). The 8-K does not mention Arc Home, and we draw no conclusion about it. EDGAR lists later filings on the merger, a Form S-4 on September 15, 2026 and a prospectus on October 8, 2026, which we did not read for this page.

What the 2025 HMDA file shows for Arc Home

Lenders above a size threshold report every mortgage application to the Home Mortgage Disclosure Act (HMDA). We downloaded Arc Home’s complete 2025 file from the FFIEC data browser (all states, all actions: 8,386 records). It contains originated loans, applications and loans Arc Home bought from other lenders.

Of the 3,131 originated loans, 1,215 were on principal residences, 152 on second homes and 1,764 on investment property ($836.1 million), 55th among lenders by investor loans. Of the 1,764, 1,354 were flagged as made for a business or commercial purpose ($608.2 million) and 410 were consumer-purpose investor loans that report a debt-to-income ratio. The business-purpose loans are the ones that matter to a rental-property borrower; 24 of the 1,354 have terms under 30 years, which leaves 1,330 that match our DSCR-type definition.

The DSCR-type loans

HMDA has no DSCR field, so we label by what is reported. A DSCR-type loan is a conventional, first-lien, closed-end, business-purpose loan on a one-to-four-unit property with a term of 30 years or more and no debt-to-income ratio reported; the same definition drives our DSCR lenders ranked by loans page.

Of the 1,330, 956 are on one-unit properties, 242 on two units, 97 on three and 35 on four; 659 are purchases, 504 cash-out refinances and 167 other refinances; 1,329 have a 360-month term and 1 a 480-month term; 182 are interest-only; 66 are for $1,000,000 or more and the largest is $2,565,000. Points, origination charges, lender credits and total loan costs are blank on all 1,330, and so is the prepayment term, so HMDA cannot tell you what an Arc Home loan costs beyond its note rate.

Where Arc Home prices against the market

Arc Home’s median is 0.25 of a point under the market’s, and 824 of its 1,330 loans (62.0%) were below the other lenders’ median of 7.375% (our arithmetic). Because bigger loans cost less everywhere, the fair comparison is by loan size.

The honest reading: Arc Home is at the market under $250,000 and below it from $250,000 up, by 0.125 to 0.25 of a point at the median. Two cautions. First, its loans carry a lower median loan-to-value (70.0% against 73.9%), and less leverage is usually priced lower; HMDA has no credit scores or DSCR to compare. Second, the note rate leaves out points and credits. Use the table to test a quote, not to rank Arc Home. Our DSCR loan rates page gives the market level.

Where Arc Home lends

Arc Home made DSCR-type loans in 43 states and the District of Columbia. New York is its largest market (261 loans, 19.6% of the 1,330), and New York, Florida and California together are 43.2% (our arithmetic).

By county code, the largest clusters are FIPS 36081 in New York (93 loans, which we read as Queens), 06037 in California (41, Los Angeles County), 12086 in Florida (39, Miami-Dade County), 36047 (35, Kings County) and 36103 (32, Suffolk County) in New York, and 44007 in Rhode Island (32, Providence County). The name of a county is our reading of the FIPS code, not an HMDA field. For the New York market see our New York DSCR page, where Arc Home’s 6.875% median is the low end of the top twelve, and for Connecticut our Connecticut page. Its $585,000 median loan in New York is well above its $375,000 national median, so the New York rate is a large-loan rate.

Applications and denials

Arc Home decided 1,540 DSCR-type applications (originated plus denied) and denied 210, 13.6%, against 23.3% for other lenders (our arithmetic). A further 703 applications were withdrawn by the applicant and 17 were closed incomplete. The denied dollars were $97.9 million. The first-listed reason was “other” in 92 denials, collateral in 66, credit history in 14, debt-to-income ratio in 12, unverifiable information in 11, insufficient cash in 10 and an incomplete application in 5. HMDA does not say how a DSCR calculation maps to these codes, so read them loosely.

A lower denial rate has two readings the file cannot separate: either Arc Home approves more of what reaches it, or brokers screen files before submitting them (in a broker-only model, some weak files may never reach a lender). Compare it with the denial-rate page for state detail.

What Arc Home says about its DSCR product, and what we could not verify

Arc Home’s wholesale site was readable on October 31, 2026. Its loan-products page lists DSCR programs for brokers, and these are the lender’s own claims, written for brokers, not a quote.

The 2025 HMDA loans are consistent with these limits: the highest reported loan-to-value is 80.0% (none above), the largest loan is $2,565,000 (one loan above $2.5 million, none above $3.0 million) and the median is 70.0%. That is consistency, not confirmation, and HMDA has no FICO or DSCR field. Two things we could not verify: the products page states no prepayment terms (it links to product matrices that we did not open), and a link on the homepage to a “DSCR bank statement pricing special” returned a not-found page. A web search also lists a DSCR page on a second Arc Home domain, archomedirect.com; on October 31, 2026 that address answered with a redirect (HTTP 301) to archomellc.com, so we could not read it, and HMDA shows only 3 DSCR-type loans submitted directly. The homepage also carries a notice that the site “is not authorized by the New York State Department of Financial Services” and that no solicitation or applications for New York properties can be facilitated through it; HMDA shows 261 New York DSCR-type loans, all not submitted directly. We do not know how those were facilitated, so ask the broker which entity closes and funds a New York loan. For the criteria most lenders use, see DSCR loan requirements, non-QM loans and, for non-U.S. borrowers, foreign national DSCR loans.

Complaints

On October 31, 2026 we searched the CFPB Consumer Complaint Database (the latest complaint in it was received October 30, 2026) with the company filter set to “Arc Home LLC”, received since January 1, 2025: 0 complaints. A company-name search for “arc home” across all dates returned 0, a search for “homeeq”, the trading name in the GLEIF record, returned 0, and an all-fields search for “arc home” returned 0. The same method found 803 complaints for CrossCountry Mortgage LLC and 4,704 for Rocket Mortgage, LLC since January 1, 2025, so the search works.

Read this carefully. A count of 0 does not mean no borrower has been unhappy. The database covers consumer financial products, the business-purpose loans in this page fall outside the consumer rules, and a broker-only lender’s borrowers usually complain about the broker or servicer, which may be another company. Arc Home also originated 1,215 principal-residence loans in 2025, and none appear under its name. We did not read state regulators’ enforcement records or court dockets, and we make no statement about them; check NMLS Consumer Access and your state regulator before you commit.

Cost in dollars: our arithmetic

On a 30-year, fully amortizing loan of $375,000 (Arc Home’s median DSCR-type loan), the payment is $2,526.44 a month at its 7.125% median and $2,590.03 at the other lenders’ 7.375%, a gap of $63.59 a month. On the $585,000 median loan it makes in New York, the payment is $3,843.03 at its 6.875% median there and $3,990.73 at the 7.25% all-lender median, a gap of $147.70 (all our arithmetic, principal and interest only, before points, fees and prepayment terms, none of which HMDA reports for these loans). A quote within an eighth of a point of the median for your loan size is normal; a quote a half point above it on a strong file is worth questioning at a second lender.

What HMDA does not show

• No pricing beyond the note rate. Points, origination charges, lender credits and total loan costs are blank on all 1,330 loans, and so is the prepayment term.
• No DSCR, credit score or reserves. “DSCR-type” is our label, built from the term, the loan type and the missing debt-to-income ratio.
• No individual terms. HMDA names no purchaser, no broker and no property.
• No 2026 loans. The 2025 file is the newest complete year; 2026 loans appear in 2027. Our national counts can differ by a few dozen loans from other pages of ours because the FFIEC file is revised after it is first published.

What a reader can do with this

• Treat Arc Home as the lender behind your broker. Ask which lender and which program (Access, Edge or Clean Slate) your quote is for, and get the program matrix, the prepayment structure and the rate-lock terms in writing, with a date.
• Test the quote. For a DSCR-type loan of $250,000 to $999,999 the 2025 median was 7.0% to 7.125% at Arc Home and 7.25% at other lenders; under $250,000 it was equal or higher.
• Ask the broker to price the same file at a second lender the same day. Compare note rate, points, prepayment fee and lock side by side. Our guide is this DSCR lender legit? lists what to check.
• Do not read ownership as a risk signal or a guarantee. Two thirds held by a listed REIT and private funds says who owns the equity, not how your loan will be priced or serviced.
• Check the licence and the state record at NMLS Consumer Access (NMLS 81386 per Arc Home’s site) and your state regulator, which this page did not do.
• Get a direct quote from a lender that specializes in rentals. See Kiavi, Visio Lending and Lima One.

FAQ

Sources, read October 31, 2026: FFIEC HMDA 2025 loan-level files from the FFIEC data browser (Arc Home LLC, LEI 54930048P8RWCQHQM310, all actions, 8,386 records; and all lenders' originated and denied investment-property records, 54 jurisdictions, downloaded October 30, 2026, tabulated by us in sources/tabulation_output.txt with the scripts in sources/scripts), the FFIEC 2025 filer list and LAR data-field definitions; SEC EDGAR: TPG Mortgage Investment Trust, Inc. Form 10-Q for the quarter ended June 30, 2026 (accession 0001628280-26-055328), Form 8-K for August 9, 2026 with its press release exhibit (0001628280-26-054986) and the EDGAR filing list for CIK 1514281; the CFPB Consumer Complaint Database search API; the GLEIF record for LEI 54930048P8RWCQHQM310; archomellc.com and wholesale.archomellc.com (company claims). Our national DSCR-type count (154,321) treats Emporium TPO LLC's term-30 and term-40 loans as 30- and 40-year loans, as our other lender pages do; the FFIEC file is revised after first publication, so counts differ by a few dozen loans from earlier pages. Sums, shares, differences, implied values and payment figures are our arithmetic. This is analysis of public documents, not investment, legal or tax advice.