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Overview
Effective for all loan submissions received on and after January 1, 2023, Carrington Mortgage Services, LLC (CMS) will implement the following Correspondent fee schedule. The new CMS Underwriting Fees are highlighted in BLUE below:
| Loan Product | Non-Delegated Fee Type | ||
| Underwriting | Flood Cert | Tax Service | |
| Carrington Prime Advantage | $900 | $10 | $85 |
| Carrington Flexible Advantage (CFA/CFA+) | $900 | $10 | $85 |
| Carrington Investor Advantage | $900 | $10 | $85 |
| Conventional | $700 | $10 | $85 |
| FHA | $700 | $10 | $85 |
| VA | $700 | $10 | $85 |
| Loan Product | Delegated Fee Type | ||
| Investor | Flood Cert | Tax Service | |
| Conventional | $550 | $10 | $85 |
| FHA | $550 | $10 | $85 |
| USDA | $550 | $10 | $85 |
| VA | $550 | $10 | $85 |
Note: These fees are not in the loan origination fees and will be charged when the loan is purchased and netted from the wire amount.
Contacts
Please contact CorrespondentRM@carringtonms.com with any questions.
Carrington thanks you for your business.
Contact your Account Executive with questions.
An Equal Housing Opportunity Lender. Copyright 2007 -
2023
. 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.
The content of this website is intended for licensed third-party originators or brokers only and may not be duplicated or disseminated to the public. Carrington Mortgage Services is one of the leading wholesale mortgage lenders.
Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00