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CMS Wholesale Underwriting Fee Update

November 8, 2022


Effective for all loan submissions received on and after January 1, 2023, Carrington Mortgage Services, LLC (CMS) will implement the following Wholesale fee schedule. The new CMS Underwriting Fees are highlighted in BLUE below:

Loan Product Underwriting Fee* Underwriting Fee* with ProcessIQ
Non-Agency $900 $1100
Conventional $799 $999
FHA $799 $999
VA $799 $999
North Carolina Loans $150 $150
New Jersey Loans $0 $0

Please note the Iowa Fee is called “Closing Fee” and uses same fee schedule above.

*Note: The Wholesale Underwriting Fee can be “bought out” and moved into the loan pricing instead of charging directly to borrower.


Please contact your Account Executive or Account Manager with any questions.

Carrington thanks you for your business.


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:

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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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