Effective March 1st, Per Diem Interest on FHA & VA IRRRL Loans

Per Diem Interest on FHA Streamline and VA IRRRL Loans, Effective March 1st, 2018

Effective March 1, 2018, Carrington Mortgage Services, LLC (CMS) will no longer offer an interest credit to cover the per diem interest on FHA Streamline and VA IRRRL loans.

New Streamline/IRRRL submissions received on or after March 1, 2018 will no longer offer automatic lender credit to cover per diem interest amount.

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