Conventional

Conventional Loans

Overview

Carrington has a variety of conventional conforming and high balance (loan amounts up to $1.39 million) products that can meet the needs of your qualifying customers. Perfect for home purchase, rate/term refinance or cash out refinance.

Conventional Products

  • 30 yr
  • 20 yr
  • 15 yr

High Balance Products

  • 30 yr
  • 15 yr

Matrices & Guidelines

Overview

Freddie Mac Super Conforming is a program for borrowers that offers higher maximum loan limits.

Products

  • 30 year fixed
  • 15 year fixed

Matrices & Guidelines

Overview

Industry-leading LPMI products for both refinance and purchase loans. A great alternative to PMI for borrowers who may require lower down payments and higher LTV than a standard conventional conforming loan products. Maximum loan amounts up to $1 million.

Products

  • 30 year fixed

Matrices & Guidelines

Overview

Conventional conforming refinance program for Texas only. Rate/Term and Cash-Out available.

Products

  • 30 year fixed
  • 20 year fixed
  • 15 year fixed

Matrices & Guidelines

TURN TIMES

Initial Submission

4 Days

Underwriting

4 Days

RM Conditions Review

2 Days

Conditions Review

4 Days

Closed Loan submission

4 Days

Closed Loan Purchase Review

8 Days

Closed Loan Condition Review

1 Day