Sellers Guide

How to use this Seller's Guide

This seller guide governs certain aspects of the business relationship with CMS approved mortgage loan sellers. In this guide you will learn about:

With this guide you will have the information you need transacting business with Carrington from loan submission through the purchase of the loan.

DELEGATED TURN TIMES

Submission REVIEW

1 Day

PURCHASE AUDIT REVIEW

2 Days

PURCHASE CONDITION REVIEW

1 Day

NON-DELEGATED
TURN TIMES

Initial Submission

1 Day

Underwriting

3 Days

RM Conditions Review

1 Day

Conditions Review

3 Days

Closed Loan submission

1 Day

Closed Loan Purchase Review

1 Day

Closed Loan Condition Review

1 Day