Bulletin W13-119 – Update, Conventional Conforming High Balance Loans

October 8, 2013Bulletins

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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