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Announcement 21-0003: Pricing FHA Streamline and VA IRRRL Loans in CorrIQ

January 15, 2021

Overview

As a reminder, Carrington Mortgage Services, LLC (CMS) has the Quick Pricer function in CorrIQ which allows correspondent sellers to enter loan scenarios to obtain pricing and view a list of qualifying loan programs.
Please be advised that it is very important when pricing out FHA Streamline and VA IRRRL loans in CorrIQ that users only enter the number 0 (zero) for the borrower’s credit score in the FICO field as no credit score is needed for these loan types.

Contacts

Please contact CorrespondentRM@carringtonms.com 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: www.nmlsconsumeraccess.com.

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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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