Bulletin W13-119 - Update, Conventional Conforming High Balance Loans
October 8, 2013
Topic included in Bulletin W13-119:
- Minimum credit score on Conventional Conforming High Balance loans has been lowered to 620
- As a result of this update, loans with credit scores < 660 must be priced manually
- Refer to the CMS Lock Policy for the required information when submitting a manual lock
- Manual locks must be sent to the CMS Lock Desk at lockdesk@carringtonms.com
- Updated matrix has been posted and the website has been updated
- Effective immediately
Download: Bulletin - W13-119 (PDF)
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