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Labor Day Holiday – Operations and Lock Desk Hours

June 27, 2016
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Carrington Mortgage Services, LLC (CMS) is closed Monday, September 5, 2016 in observance of Labor Day, which is a Federal Holiday. The Lock Desk will be closing early on Friday, September 2, 2016 at 10:00 AM PST and will be closed on Monday, September 5, 2016. Normal Lock Desk hours will resume on Tuesday, September 6, 2016.

Locks that expire on the holiday will automatically roll to the next business day.In addition there are some important disclosure considerations associated with the holiday:

  • Monday, September 5, 2016 cannot be included in the rescission period for refinances
  • Monday, September 5, 2016 cannot be included in the seven (7) business day waiting period between the date the initial Loan Estimate (LE) was provided to the borrower and the consummation of the loan
  • When re-disclosure of the LE is required, Monday, September 5, 2016 cannot be included in the three (3) business day waiting period between the date the revised LE was provided to the borrower and the consummation of the loan

Issues related to locks should be sent via email to lockdesk@carringtonms.com

 

LOANS MUST BE LOCKED IN MARCH!

Contact your Account Executive with questions.

Submit a Loan Scenario

 

 

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Government Agency Approvals

FHA Non-Supervised Mortgagee Approval #:
24751-0000-5
VA Automatic Lender Approval #:
902324-00-00

Mortgagee/Loss Payee Clause

Carrington Mortgage Services LLC
ISAOA/ATIMA
P.O. Box 692408
San Antonio, TX 78269-2408

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This information is provided for your convenience and Carrington Mortgage Services, LLC makes no warranties concerning the accuracy or completeness of any of the information. This is not financial or legal advice and should not be taken as such. This information is for mortgage professionals only and is not intended for distribution to consumers.
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An Equal Housing Opportunity Lender. Copyright 2007 - 2023 . 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: www.nmlsconsumeraccess.com.

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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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