Announcements

Overview Due to a severe storms and flooding in Missouri, FEMA has declared the following counties a disaster. Incident Period: July 25, 2022 - July 28, 2022 State FEMA Disaster Declaration Counties Missouri August 8, 2022 St. Charles (County), St. Louis and St. Louis (County) Re-Inspection by Product Type If your loan is … A […]

Overview Due to a severe storms, flooding, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster. Updated counties are listed in bold font. Incident Period: July 26, 2022 and continuing State FEMA Disaster Declaration Counties Kentucky July 29, 2022 Breathitt, Clay, Floyd, Knott, Leslie, Letcher, Magoffin, Martin, Owsley, Perry, Pike and […]

Overview Due to severe storms, flooding, landslides and mudslides in Kentucky, FEMA has declared the following counties a disaster. Incident Period: July 26, 2022, and continuing State FEMA Disaster Declaration Counties Kentucky July 29, 2022 Breathitt, Clay, Knott, Letcher and Perry Re-Inspection by Product Type If your loan is … A re-inspection is required … […]

Overview Due to a severe storm and flooding in Montana, FEMA has declared the following counties a disaster. FEMA has updated the declaration to add an end date of July 5, 2022 for the Incident Period. Incident Period: June 10, 2022 and July 5, 2022 State FEMA Disaster Declaration Counties Montana June 16, 2022 Carbon, […]

Overview Due to severe storms, tornadoes and flooding in Oklahoma, FEMA has declared the following counties a disaster. Incident Period: May 2, 2022 - May 8, 2022 State FEMA Disaster Declaration Counties Oklahoma June 29, 2022 Adair, Cherokee, Muskogee, Okmulgee, Pottawatomie, Seminole and Tulsa Re-Inspection by Product Type If your loan is … A re-inspection is […]

Overview Due to a severe storm and flooding in Montana, FEMA has declared the following counties a disaster. Incident Period: June 10, 2022 and continuing State FEMA Disaster Declaration Counties Montana June 16, 2022 Carbon, Park and Stillwater Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, June 20, 2022 for Juneteenth National Independence Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, June 21, 2022. Rate locks that expire on the holiday will automatically roll to the next business […]

Overview Due to wildfires and straight-line winds in New Mexico, FEMA has declared the following counties a disaster. Incident Period: April 5, 2022 and continuing State FEMA Disaster Declaration Counties New Mexico May 4, 2022 Colfax, Lincoln, Mora, San Miguel and Valencia Re-Inspection by Product Type If your loan is … A re-inspection is required […]

Overview Effective April 18, 2022, Carrington Mortgage Services, LLC (CMS) is pleased to announce an Investor Advantage program enhancement to increase the maximum LTV to 75% for First Time Investors with higher FICO scores. The maximum LTV requirements for First Time Investors are outlined below: Maximum LTV = 75% with FICO ≥ 680 and DSCR […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to introduce new 1099 and P&L products for the Non-QM (Carrington Prime Advantage and Carrington Flexible Advantage Plus) programs. The underwriting guideline updates are highlighted in red below and please note these are an abbreviated summary of the guideline changes. All updates should be viewed within the […]