Our Preferred Broker Partner Pricing Program rewards our partners who consistently deliver high-quality loan submissions—by offering better pricing on select loans* to your borrowers.
CMS Wholesale maintains two tiers of preferred brokers under the Preferred Broker Pricing Program. The amount of the pricing discount offered for selected products is determined as follows:
FUNDED LOANS VOLUME | PRICING DISCOUNT | PULLTHROUGH** |
$2.5M average per month | 0.125% | ≥ 60% |
$5.0M average per month | 0.250% | ≥ 60% |
PROGRAM | TERM |
FHA FIXED | 30, 25, 20, 15, 10 year fixed |
FHA STREAMLINE | 30, 25, 20, 15, 10 year fixed |
VA RATE/TERM | 30, 25, 20, 15 year fixed |
VA IRRRL | 30, 25, 20, 15 year fixed |
USDA | 30 year fixed |
USDA STREAMLINED-ASSIST | 30 year fixed |
USDA HIGH BALANCE | 30 year fixed |
*CMS reserves the right to amend or discontinue the Preferred Broker Pricing Program at any time. Eligibility on selected products are subject to change. Excludes All Conventional loans,
all FHA and VA High Balance loans, all Jumbo Loans, FHA 203k loans, FHA Simple Refinance loans, FHA Repair Escrow Loans, and USDA High Balance Streamlined Assist.
**Submission to Funding pullthrough based on rolling 3-month average measuring the number of files submitted to underwriting against the number of funded loans with a 60 day
look back.
The content of this website is intended for licensed third party originators or brokers only and may not be duplicated or disseminated 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