We are manual underwriting expertsFHA loans have helped credit challenged, first-time buyers, and lower-income families since the 1930s. But really, anyone can get an FHA loan. If you have a borrower with thin tradelines, non-traditional credit references may be eligible instead, making FHA a great option for those borrowers.
No Minimum FICO – No income documentationFHA Streamline Refinance offers current FHA loan holders easy refinancing with minimal documentation and no appraisal. This program also offers lower total lender fees and reduced documentation compared to standard FHA loans.
550 Minimum FICO – 100% Financing AvailableUSDA loans are used primarily to help low-income individuals or households purchase homes in rural areas. Deliver on your client’s dream of a property in a less-populated area with no money down and possibly no out-of-pocket expenses.
No Minimum FICO – No DTI calculationsWith Carrington’s USDA Streamlined Assist loan, borrowers can refinance an existing USDA loan with a simplified process requiring no appraisal, credit reports, property inspections, or DTI calculations. Typically, USDA loans are used to help low-income individuals or households finance homes in rural areas.
Especially for qualified veterans, service members and their spousesAs one of the country’s largest VA mortgage loan servicers, Carrington Mortgage Services, LLC continues to serve those who served in our nation’s armed forces by offering incredibly favorable lending terms to our nation’s veterans. We deliver quality customer service, competitive rates, and numerous loan options to fit your clients’ financing needs.
No Minimum FICO – No income documentation
Lowering rates and payments of existing VA loans is easy with Carrington. As one of the country’s largest VA mortgage loan servicers, we continue to “serve the underserved” by offering incredibly favorable lending terms to our nation’s veterans. The VA IRRRL is perfect for existing VA borrowers who may have some late mortgage payments and could benefit from better loan terms.
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Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00