Carrington Wholesale

Whether it's for home improvements or purchasing a new investment property, now is a great time for your borrowers to take advantage of Carrington's DSCR cash-out refinance program options! Borrowers can even use their cash-out to satisfy reserve requirements with a 620-credit score. Get in touch with us today to discuss scenarios!

Make a splash with our July pricing specials! We're offering two specials that can be paired or used individually for qualifying loans: 25 BPS price special on FHA & VA Purchase Loans 125 BPS price special on Full Doc FHA loans with FICOs 500-579 Please contact us to take advantage of these special offers. Loans must lock in July.

You're never alone at Carrington! 🌟 Our dedicated team is with you every step of the way, guiding you through life-changing decisions and solving every problem together. We assist, collaborate, and troubleshoot to ensure you feel supported and confident at all times. #LetsGetToWork #CarringtonCares #CarringtonMortgage #MortgageBusiness #Mortgage #LoanOriginator #Broker #MakeHomeWork #TestimonialTuesday #AffordableHousing #Homeownership #RealEstate

This is the most anticipated event of the year, and with something for everyone, from the kick-off annual golf tournament to networking opportunities and new education sessions. We don't want you to miss out!

Carrington Mortgage Services, LLC is honored to be recognized as one of the Top Secondary Market Partners for the United States Department of Agriculture (USDA). This award, presented earlier this month at the 2024 National Lender of the Year event, acknowledges Carrington for our continued support of affordable homeownership in rural America. Said best by our EVP of Lending Operations Jeff Gillis: “We want to do our part to help make homeownership a reality for families in these communities, and this honor recognizes our continuous efforts to provide them with real opportunities and solutions. It’s also a testament to the hard work and commitment of our Associates, who strive to deliver maximum benefit to those we serve!” If you are interested in learning more, visit: https://lnkd.in/gfWK3cxW NMLS 2600

Home of the free because of the brave! Happy 4th of July from all of us here at Carrington Mortgage Services!

Congrats to our Gold Peak Performer, Toni Coombs! Toni, an Account Manager for Carrington Wholesale, is a three-time winner for this annual award which honors outstanding Carrington associates! NMLS 2600

🙌 We were proud to be a Gold Sponsor at IMN's 5th Annual Non-QM Forum last week in Dana Point. It was a great opportunity to connect with and learn from many leaders in the Non-QM space. From speaking on panels to networking to exhibiting, our team was actively involved throughout the conference. For those unable to make it, here are some things we heard at this premiere Non-QM event: ◾ Non-QM is on the upswing: As the number of borrowers need access to Non-QM programs, the market is experiencing significant growth in the face of a declining overall market. Many Non-QM lenders are hitting or exceeding budgeted volume. While the short-term future will be bumpy, this trend is expected to continue albeit slow and steady. In addition, these loans are performing well, even better than FHA and VA loans. ◾ Insurance companies want to invest in Non-QM: Only five of the more than three hundred insurance companies are currently investing in Non-QM. But there appears to be unlimited demand from the insurance companies to the point that there is not enough volume to satisfy demand. It was noted that Non-QM loans are attractive to insurance companies due to their favorable returns and eligibility for financing through the Federal Home Loan Banks. ◾ Unlocking equity: With more than $30 billion in untapped equity, homeowners are increasingly turning to Non-QM lenders for second mortgages. With rates expected to stay where they are, this opportunity is expected to continue to rise. ◾ Education: The importance of education – both educating loan originators as well as potential borrowers was heard throughout the event. Even though we heard Non-QM is now “mainstream”, there are still many in both groups that do not understand these programs. ◾ Affordability: A topic heard on several panels, this is an issue many in the lending community and grappling with. Industry leaders are committed to helping solve this trend with new and unique programs. As a leader in Non-QM lending and servicing, we're here to support any of your Non-QM needs. Learn more about how your Non-QM Advantage can start with Carrington. https://lnkd.in/gacHuhkW

At Carrington, we can make dreams come true - both for our loan originator partners and their borrowers! ✨💫 Our team is committed to leading our clients through the process effectively and efficiently. From start to finish, our clients feel the collaboration within our departments that allows for an unparalleled experience. 🙌 #letsgettowork

This past week interest rates moved lower, approaching levels last seen in March. Let's discuss why and look into the week ahead. https://lnkd.in/gY-7hpJE