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Carrington’s Upcoming Webinars

(All times shown are Pacific Time)

Check back later for more live webinars


Watch Past Webinars On Demand

[Webinar] UNderstanding P&L and IRS Form 1099 Loans

UNconventional borrowers have a home with Carrington. We’ve made investments in expanding our Non-QM alt doc programs to include IRS form 1099 and P&L statements on top of the W2, bank statement, asset conversion, and DSCR options we already offer.

In this webinar our team of experts will share the vast opportunities these changes give to you and your deserving borrowers.

Additionally, we have exciting updates to share about our Investor Advantage Program including:

  • Raising our LTV ratio from 82.5% to 85%
  • Gift funds are now allowed
  • Increasing seller concessions from 2% to 4%

[Webinar] Boosting Sales Webinar: Surfacing More Cash-out Refis

Recorded on Thursday, March 22th at 10:00 am (PT)

Rates are rising. And while the refi boom is slowing down, there’s still a lot of UNtapped potential in Cash-Out Refinances!

Many borrowers are unaware that the equity in their homes can be used to pay off debts or leveraged in other ways to improve their financial well-being.

So, how do we help borrowers understand the benefits available?

We have some proven strategies that will answer that question. Carrington Mortgage is hosting a Cash-Out Refi Sales Webinar to provide you with tips and techniques to help uncover borrowers’ needs and realize the financial benefits of getting cash out using the equity in their home.

During this webinar, we’ll discuss:

  • Why Cash-Out Refi’s are still important
  • Common buyer behaviors to look for during the sales process
  • Establishing your credibility with skeptical borrowers
  • Identifying emotional connections to overcome objections

 


Navigating Non-QM: Grow Your Business With Bank Statement Loans

Recorded on Thursday, March 3rd, 2022 @ 11:00 AM (PST)

Many Americans have easily accessible financial documentation but many still don’t fit the Fannie and Freddie box when it comes to lending requirements. Luckily, Non-QM loans with bank statement income documentation are a great solution for these untraditional, often self-employed, borrowers.

– How to easily calculate self-employed income using 12 or 24 months personal or business bank statements OR let Carrington calculate the income for you
– Target the millions of self-employed borrowers effectively
– Minimum FICO scores
– Maximum LTVs and DTIs
– Tips from underwriters on submissions, what can be included and excluded on calculations, and more
– Resources for success

 


[Webinar] FHA Manual UNderwriting – Credit Fundamentals

Recorded on Wednesday, February 16th, 2022 @ 11:00 AM (PST)

We’ll dive into recent FHA guideline changes, what those changes mean for your business and how our team of manual underwriting experts can help borrowers with lower FICO scores (as low as 500) and recent credit events get approved and funded.

In this webinar, we’ll discuss:

  • Key factors that can trigger a downgrade to manual underwrite
  • What non-traditional credit options are available for borrowers without a credit score
  • What are compensating factors, and how they can help with a higher DTI
  • Parameters for working with derogatory credit events
  • Submitting the best possible file for fewer conditions the first time through
  • We’ll introduce ProcessIQ, a service we offer to help you process and fund more loans.

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