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!
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.
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