processIQ

LOAN PROCESSING SERVICE HELPS YOU CLOSE MORE LOANS WITH EFFICIENCY

ProcessIQ is a service we offer to expand your loan processing capabilities, especially for those time-intensive loans such as those with low FICO scores, high debt ratios, or alternative income documentation requirements.

After submission, our committed team of experts takes the lead to process the loan directly with the borrower to process the loan as part of our underwriting. Your Loan Officer manages all the licensable activities like they do today, but we handle everything else!

PROGRAM HIGHLIGHTS

  • Can be used for any loan but especially for Non-QM or other time-intensive loans
  • A first-rate experience for you and your borrower
  • You will be kept in the loop every step of the way
  • No expensive Third-Party Processing Fees
  • Only $200 added to our already low Underwriting Fee
ProcessIQ Fee Schedule


Note: Underwriting fees can be “bought out” and moved into pricing instead of charging directly to the borrower.

*Conventional and Government Stream/IRRRL loans are not eligible for ProcessIQ service.

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An Equal Housing Opportunity Lender. Copyright 2007 - 2022 . Carrington Mortgage Services, LLC headquartered at 1500 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: www.nmlsconsumeraccess.com.

The content of this website is intended for licensed third party originators or brokers only and may not be duplicated or dissemniated to the public. Carrington Mortgage Services is one of the leading wholesale mortgage lenders.

Government Agency Approval | FHA Non-Supervised Mortgage Approval #: 24751-0000-5 | VA Automatic Lender Approval #: 902324-00-00

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