Latest News Category: Bulletin

Carrington Mortgage Services, LLC requires survey coverage in Florida, Ohio, New Mexico, New York and Texas for all loan transactions with the exception of condominium transactions. Effective for all new […]

The Lock Desk will be closed on Monday, February 19, 2018 for Presidents Day, which is a Federal Holiday. Normal lock hours will resume on Tuesday, February 20, 2018. Locks […]

Bank statements now acceptable in place of IRS Tax documents for Carrington’s Non-Prime Loans. PURCHASE & REFINANCELOAN DETAILS UP TO $1.5 MILLION FICO DOWN TO 500 | 70% LTV UP […]

Expand Your Pipeline with Non-Prime Loan Products Purchase, refinance and cash-out available Give your business the boost it needs by adding Non-Agency loans to your product offerings. NON-PRIME LOAN PROGRAM […]

The Lock Desk at Carrington Mortgage Services, LLC (CMS) will be closed on Monday, January 15, 2018 for Martin Luther King Day, which is a Federal Holiday. Normal lock hours […]

Effective December 21, 2017 the USDA suspended its requirements with regard to obtaining IRS Form 4506-T tax transcripts for all adult members of the household. It is no longer necessary […]

BrokerIQ is set up to accept 2018 Demographic (DI) information at this time. Effective January 1, 2018, all Lender Disclosed packages and Broker Disclosed Accepted Submissions must have the updated […]

During the holiday season Carrington Mortgage Services, LLC (CMS) will observe the following schedule: Friday, December 22, 2017 – MLD open regular business hours Monday, December 25, 2017 – Closed […]

Overview The state of Texas has amended its rules regarding Home Equity Refinances (TX 50(a)(6) loans) effective 1/1/2018. As of 1/1/2018, Borrowers with existing home equity loans are now able […]

Overview Effective for FHA Case Numbers assigned on and after January 6, 2018, properties encumbered with Property Assessed Clean Energy (PACE) obligations will no longer be eligible for FHA-insured financing. […]