Overview
Due to current market conditions, effective March 20, 2020 and until further notice, Carrington Mortgage Services, LLC (CMS) will temporarily no longer permit a lock until the loan is Approved and the appraisal (where applicable) has been received by CMS. Please see revised lock policy below.
| Loan Type | Available Lock Terms | Additional Requirements |
| Non-QM Loans | 45-days | Loan must be Approved with appraisal in file |
| Conventional Full Document Loans | 45-days, 60-days | Loan must be Approved with appraisal in file |
| Government Full Document Loans | 45-days, 60-days | Loan must be Approved with appraisal in file (loans with Appraisal Waivers are exempt) |
| Government Streamline/IRRRL | 45-days, 60-days | Loan must be Approved |
Lock Extensions:
- Maximum of up to two extensions
- Maximum extension period of 15 days in the aggregate
- Current extension fee charges remain in place (see rate sheet)
Contacts
Please contact CorrespondentRM@carringtonms.com with any questions.
Carrington thanks you for your business.
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2025. 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: