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Carrington Delivers A BIG Non-QM Pricing Improvement on 3 programs

June 26, 2019

Big Pricing Improvement with our Non-QM Loan Programs

The team at Carrington Mortgage Services is extremely excited to announce some big changes to our Non-QM pricing:
Carrington Flexible Advantagesm:

  • LLPA's improved .25% (Full Doc and lower FICO loans) - see the matrix

Carrington Flexible Advantage PLUS:

Carrington Investor Advantage:

  • Base price improved by 100bps across the board! - see the matrix
  • Increased max price from 101 to 102.25
  • FICO x LTV LLPA improvements across the broad
  • Prepay Buy out – reduced from 1.5 to1.25
  • Reduced DSCR bands to help simplify your pricing scenarios

[btn link="/loan-scenario/" color="tomato" size="size-xl"]SUBMIT YOUR SCENARIO[/btn]
[btn link="/loan-products/" color="tomato" size="size-xl"]VIEW THE GUIDELINES[/btn]
[btn link="https://www.carringtonhomeloans.com/drop-in/CMSWholesaleRates.pdf" color="tomato" size="size-xl"]VIEW TODAY'S RATES[/btn]

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Equal Housing Opportunity 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: www.nmlsconsumeraccess.com.

The content of this website is intended for licensed third party originators or brokers only and may not be duplicated or disseminated to the public. Carrington Mortgage Services is one of the leading wholesale mortgage lenders.

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

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