FHA Case Transfers

April 9, 2020

Overview

Effective immediately, Carrington Mortgage Services, LLC (CMS) will require Brokers to transfer all FHA Cases to CMS prior to submission to Underwriting.  The Broker must request the case transfer from the Prior Lender currently holding the case number to the CMS Lender ID (FHA Sponsor Number: 24751-0000-5).  The Prior Lender must initiate the transfer in FHA Connection. The Case transfer process can take 1-3 business days.
In order to proceed with the submission to underwriting, the Broker must obtain and submit to CMS a screenshot of the completed Case transfer request from the transferring Lender.  Upon receipt the screenshot, CMS will confirm transfer status in FHA Connection. CMS will then move the file to underwriting once the transfer has been completed by HUD and all applicable Prior to Approval (PTA) conditions have been provided.
Please Note: CMS will still disclose the loan submission without the transfer being completed.

Contacts

Please contact your Account Executive or Account Manager with any questions.
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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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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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