FHA 203(k) Loan Program Discontinued

January 7, 2021rashtonBulletin

Overview

Effective February 1, 2021, Carrington Mortgage Services, LLC (CMS) will discontinue offering FHA 203k (Standard and Limited) loans through our Wholesale Channel.  Brokers must submit all 203k loans prior to the February 1, 2021.  All approved 203k loans in the active pipeline will be honored and can close as expected.

Contacts

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

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