Carrington Flexible Advantage/Advantage Plus Program Enhancements
June 29, 2018
Overview
Carrington Mortgage Services. LLC (CMS) is pleased to announce the following product improvements for the Carrington Flexible Advantage (formerly Non-Prime) and Carrington Flexible Advantage Plus (formerly Near-Prime) Programs.
- Maximum Loan Amount increased to $2M (formerly $1.5M)
- Maximum Cashout increased to $750K for loans with LTVs ≤ 75%; $500K for loans with LTVs > 75
Note: These improvements apply to all Primary Residence, Second Homes, and Investment Properties occupancy types.
View the matrices here.
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: