FHA Manual Underwriting: Credit Fundamentals

Thursday, October 6th at 10 AM Pacific/1 PM Eastern

We all but guarantee that you will close more loans with more borrowers with FHA Manual Underwriting, and we want to show you how.

In this webinar, we'll bring the over 15 years of manual underwriting experience to the table and show you how we look at the borrower's entire story including extenuating circumstances and compensating factors to justify loan approvals.

In this webinar we'll discuss:

  • Key factors that trigger a downgrade to manual underwriting
  • Non-traditional credit options for borrowers with little or no credit history
  • Extenuating circumstances and how to work through them
  • Compensating factors!
  • Keys to submitting files to minimize conditions and increase speed to approval
  • How Carrington's processing service can help you process these types of loans
Register Now

Past Webinars

Non-QM - The Market, The Borrowers, & The Products

In this webinar recording, we share our NON-QM plan of action designed to help you grow your Non-QM business.

  • Who are the Non-QM Borrowers?
  • What products will serve them best

We also cover the latest updates to Carrington’s Non-QM offering including:

  • 85% LTV on (DSCR) Carrington Investor Advantage Loans
  • Gift Funds on DSCR
  • Details on income documentation including bank statements, P&L, 1099, W2, Asset Depletion, & Full doc
  • Resiliency and stability in the market

Government Agency Approvals

FHA Non-Supervised Mortgagee Approval #:
VA Automatic Lender Approval #:

Mortgagee/Loss Payee Clause

Carrington Mortgage Services LLC
P.O. Box 692408
San Antonio, TX 78269-2408

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This information is provided for your convenience and Carrington Mortgage Services, LLC makes no warranties concerning the accuracy or completeness of any of the information. This is not financial or legal advice and should not be taken as such. This information is for mortgage professionals only and is not intended for distribution to consumers.
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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