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

48 Hours

Underwriting

48 Hours

Conditions Review

48 Hours

Closed Loan submission

48 Hours

Closed Loan Purchase Review

48 Hours

Closed Loan Condition Review

24 Hours