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Cheers to 20 Years! Celebrate with our 20-20-20 Special 20 Years of Excellence 20 Basis Points Savings Ends on the 20th of September Starting Tuesday, September 5th, until September 20th, we are offering an exclusive 20 basis points (BPS) discount on every FHA, VA, and USDA loan submitted to us. This is our way of […]

Overview Due to severe storms and flooding in Illinois, FEMA has declared the following county a disaster. Incident Period: June 29, 2023 – July 2, 2023 State FEMA Disaster Declaration Counties Illinois August 15, 2023 Cook Re-Inspection by Product Type If your loan is … A re-inspection is required … Under these circumstances … FHA […]

Overview Due to severe storms and flooding in Vermont, FEMA has declared the following counties a disaster. Incident Period: July 7, 2023 and continuing State FEMA Disaster Declaration Counties Vermont July 14, 2023 Caledonia, Chittenden, Lamoille, Orange, Rutland, Washington, Windham and Windsor Re-Inspection by Product Type If your loan is … A re-inspection is required […]

Overview Effective July 17, 2023, Carrington Mortgage Services, LLC (CMS) is pleased to introduce a new temporary rate buydown program which provides affordable options for prospective homebuyers.  Temporary buydowns are when up-front funds are deposited into a buydown custodial account to temporarily reduce the interest rate, as well as the effective monthly mortgage payment, for […]

25 BPS in Price on Purchase Loans Ideal for borrowers in eligible rural areas as defined by the USDA. Highlights include: Best-in-class customer service Minimum 550 FICO No reserve requirements 100% financing on appraised home value for qualified borrowers Manufactured homes may be eligible If you have any questions or would like to discuss this […]

Overview Effective Monday, June 19, 2023, Carrington Mortgage Services, LLC (CLS) will introduce the following changes for the Non-QM Loan Programs: Add new 40-Year Fixed Rate options for Full Doc, 12 / 24-Month Bank Statements, and Texas Home Equity loans for the Prime Advantage, Flexible Advantage Plus, and Flexible Advantage programs Add new 40-Year Fixed […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk, will be closed on Wednesday, June 19, 2024 for Juneteenth National Independence Day, which is a Federal Holiday. Normal lock hours will resume on Thursday, June 20, 2024. Rate locks that expire on the holiday will automatically roll to the next business […]

Overview Due to severe winter storms, straight-line winds, flooding, landslides and mudslides in California, FEMA has declared the following counties a disaster. Updated counties are listed in bold. Incident Period: February 21, 2023 and Continuing State FEMA Disaster Declaration Counties California 4/4/2023 Butte, Kern, Madera, Mariposa, Mendocino, Mono, Monterey, San Benito, San Bernardino, Santa Cruz, […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, May 29, 2023 for Memorial Day, which is a Federal Holiday.  Normal lock hours will resume on Tuesday, May 30, 2023. Additionally, the Lock Desk will close early on Friday, May 26, 2023 at 11:00 A.M. PST […]

Overview Due to severe storms, straight-line winds and tornadoes in Oklahoma, FEMA has declared the following counties a disaster. Updated county is listed in bold. Incident Period: April 19, 2023 - April 20, 2023 State FEMA Disaster Declaration Counties Oklahoma April 24, 2023 Cleveland, McClain and Pottawatomie Re-Inspection by Product Type If your loan is […]