Reduction in FHA Price Adjustments to Credit
Carrington Mortgage is pushing back on the market with a reduction in FHA price adjustments, effective now. Already in Pipeline Manager, submit a loan today.
FHA Credit Adjustments:
- FICO 620-639, Reduced 75bps to now, 100bps
- FICO 600-619 Reduced 125bps to now, 150bps
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Along with the addition of the Manufactured Housing property type for FHA loans, and expanded guidelines for first time home buyers, Carrington is your FHA lender of choice. Click here for eligible property/collateral for manufactured housing.
Contact your Account Executive for more information.