Comparable Benefits with Easier Qualifications
Although the market for Jumbo loans is bouncing back for traditional banks, Carrington Mortgage Services offers borrowers a better-priced alternative – Carrington Prime Advantage℠ – that has comparable benefits with easier qualifications for loans up to $2.5 million. Dare to compare!
|One loan up to 90% LTV?||No||
|DTI's Up to 50%?||No||Yes|
|FICO's as low as 660?||No||Yes
Our minimum is FICO 660
|Less than a 2-year Income History?||No||Yes
We allow 1-year of tax returns or W-2s to verify income
|Qualify with bank statements?||No||Yes
We allow 12 & 24 months of personal or business bank statements
|12-month mortgage history?||No||Yes
We only need a 12 month mortgage history when others need 24 months!
|Less than 7-year BK and FC Seasoning?||No||Yes
We require only 48 months seasoning for BK, FC, Short Sale, Modification or Deed In Lieu
|Quick Approvals?||Some may||Yes
Since we underwrite and service ourselves, we control the turn times!
[btn link="/advantage-iqual/" color="steelBlue" size="size-xl"]RUN A NON-QM SCENARIO[/btn]
[btn link="/become-approved/" color="steelBlue" size="size-xl"]BECOME APPROVED[/btn]
Contact your Account Executive with questions.
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