Latest News Author: Travis Peterman

Overview Due to a severe storm and flooding in Montana, FEMA has declared the following counties a disaster. FEMA has updated the declaration to add an end date of July […]

Overview As previously announced, effective July 5, 2022, Carrington Mortgage Services, LLC (CMS) began accepting loan submissions for the Investor Advantage program where Brokers are exempt from state licensing. Brokers […]

Overview The offices of Carrington Mortgage Services, LLC (CMS) including the Lock Desk will be closed on Monday, June 20, 2022 for Juneteenth National Independence Day, which is a Federal […]

Overview Due to the South Fork and Salt fires in New Mexico, FEMA has declared the following county a disaster. Incident Period: June 17, 2024 and Continuing State FEMA Disaster […]

Overview Carrington Mortgage Services, LLC (CMS) is pleased to introduce new 1099 and P&L products for the Non-QM (Carrington Prime Advantage and Carrington Flexible Advantage Plus) programs. The underwriting guideline […]

Overview Effective April 18, 2022, Carrington Mortgage Services, LLC (CMS) is pleased to announce an Investor Advantage program enhancement to increase the maximum LTV to 75% for First Time Investors with […]

Overview In observance of Good Friday, the Carrington Mortgage Services, LLC (CMS) Lock Desk will be closed Friday, April 15, 2022. Normal Lock Desk hours will resume on Monday, April […]

We’re helping you take the reins this purchase season with 25 bps off on FHA and VA purchase loans that are locked in from 4/1 to 4/30. With us on your […]

Overview Effective March 21, 2022, Carrington Mortgage Services, LLC (CMS) is pleased to announce the following enhancements for the Investor Advantage loan program: Increased Maximum LTV from 82.50% to 85% […]

“Maria is a true non-QM specialist,” says Jeff Massotti, Director, Regional Sales, Wholesale for CMS. “She knows how to custom fit her clients into the best programs for their borrowers. […]