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Bulletin W13-085 - Pre- Locks with Credit Scores < 600

July 25, 2013

Topic included in Bulletin W13-085:

  • Credit scores <600 required an “Approved” status prior to locking the loan on the following product offerings:
    • FHA Standard and High Balance
    • FHA Streamline, Standard and High Balance
    • USDA
    • VA Standard and High Balance
    • VA IRRRL, Standard and High Balance
  • This update is effective immediately

Download: Bulletin - W13-085 (PDF)

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Equal Housing Opportunity An Equal Housing Opportunity Lender. Copyright 2007 - 2024 . Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200-A, Anaheim, CA 92806. NMLS ID # 2600. Toll Free # 800-561-4567. All rights reserved. Restrictions may apply. All loans are subject to credit, underwriting and property approval guidelines.  Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.com.

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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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