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Announcement 19-0074: Cash-Out VA Loans with LTV Greater than 90% Delivery Dates and Submission Dates

August 27, 2019


In conjunction with Ginnie Mae’s recent announcement (APM 19-05 issued August 1, 2019) that all Cash-Out VA loans in excess of 90% LTV must be placed in certain pools of securities, Carrington Mortgage Services, LLC (CMS) will implement the following changes:

  • No Submissions for >90% VA Cash-Out Refinances will be accepted effective September 1, 2019, and
  • All files for purchase must be delivered to CMS by September 15, 2019, and
  • All files must be purchased by September 30, 2019.


Please contact with any questions. Carrington thanks you for your business.

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Equal Housing Opportunity An Equal Housing Opportunity Lender. Copyright 2007 - 2024 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines. Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site:

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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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