Overview
Effective May 27, 2020 Carrington Mortgage Services, LLC (CMS) will offer a 60-day lock to sellers prior to loan submission when the loan has been registered in CorrrIQ.
| Loan Type | Available Lock Terms | Additional Requirements |
| All Loan Types | 60-Days | Loan registered in CorrIQ |
| 15-Days | Loan must be Approved with All Conditions Submitted for final Clear to Purchase |
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)
- Free 3 day remains in place (existing policy applies)
- No additional concessions will be considered for extension fees charged
Contacts
Please contact CorrespondentRM@carringtonms.com with any questions.
Carrington thanks you for your business.
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: