Your go-to lender for the toughest loans is also your one-stop shop
to help pump up your pipeline with everything from Government to
Conventional and flexible home loans solutions for the underserved
and Non-QM markets.
We take pride in offering loans to fit a wide range of circumstances,
which is why we take the time to understand each customer’s unique
financial story. We want you to wear that superhero cape proudly by
enabling you to offer an array of loan solutions, helping you close
more loans that others can’t.
Carrington is your secret weapon with a full
spectrum of loan programs to meet a variety
of customers’ needs.
CLOSING YOUR LOAN JUST GOT EASIER
YOUR TOUGH LOANS LENDER
866- 453-2400
LEARN MORE ABOUT OUR PROGRAMS BY VISITING
www.Carrington Wholesale.com
© Copyright 2007-2018 Carrington Mortgage Services, LLC headquartered at 1600 South Douglass Road, Suites 110 & 200A, Anaheim, CA 92806. 866-453-2400. NMLS ID #2600. Nationwide Mortgage Licensing System (NMLS)
Consumer Access website: www.nmlsconsumeraccess.org. AZ: Mortgage Banker BK-0910745. CA: Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, File 413 0904. CO: Check
license status of your mortgage loan originator at www.dora.state.co.us/real-estate/ index.htm. GA: Georgia Residential Mortgage Licensee 22721. IL: Illinois Residential Mortgage Licensee. MN: This is not an offer to enter into an
interest rate lock agreement under Minnesota Law. MO: Missouri Company Registration 14-1746. In-State Office: Missouri Residential Mortgage Loan Broker License 14-1746. 251 SW Noel, Lees Summit, MO 64063. NV: Mortgage
Broker License 4068 (Residential Mortgage Origination/Lending). NJ: Licensed by the N.J. Department of Banking and Insurance. NY: Licensed Mortgage Banker—N YS Department of Financial Services. New York Mortgage Banker
License B500980/107664. OH: Ohio Mortgage Loan Act Certificate of Registration SM.501517.000. RI: Rhode Island Licensed Lender, Lender License 20112809LL. VA: Lender & Broker License #MC-5382. NMLS ID 2600 (www.
nmlsconsumeraccess.org). WA: Consumer Loan License CL2600. Also licensed in AL, AK, AR, C T, DE, DC, FL, HI, ID, IN, IA, KS, K Y, LA, ME, MD, MI, MS, MT, NE, NH, NM, NC, OK, OR, PA, SC, SD, TN, TX, UT, V T, WV, WI and W Y.
NOTICE: All loans are subject to credit, underwriting and property approval guidelines. Offered loan products may vary by state. There is no guarantee that all borrowers will qualify. Restrictions may apply. This is not
a commitment to lend. Terms, conditions and programs are subject to change without notice. This information is for industry professionals only and is not intended for distribution to consumers. Carrington Mortgage
Services, LLC is not acting on behalf of or at the direction of HUD/FHA or any government agency. All rights reserved.
*Carrington Flexible Advantage (Non-QM) product requirements vary depending on the consumer’s credit grade, LTV, DTI, andFICO scores and may require reserves from 3 to 6 months. Ask your Account Executive
for additional details and requirements. Not available in AK, MA, ND, and WV. No cash out available in TX.
**Restrictions apply; contact your Account Executive for details.
BE A HERO
CLOSE LOANS OTHERS CAN’T
CARRINGTON
FLEXIBLE ADVANTAGE℠
NON-QM LOAN PROGRAMS*
PURCHASE | REFINANCE | CASHOUT
For clients with credit events;
late payment, bankruptcy, foreclosure,
or short sale credit history
Minimum credit scores down to 500
(75% LTV), maximum 80% LTV with
no mortgage insurance requirement
Max LTVs to 95% and expanded DTIs
up to 55%**
30-year fixed terms and 5/1 or 7/1
adjustable-rate mortgages
Loan amounts up to $2 million
Self-employed borrowers;
bank statements accepted in place of
IRS tax documents to verify income
• Primary, second, and investment homes
• Up to $2 million:
Minimum 500 FICO, 70% LTV
Minimum 580 FICO, 80% LTV
GOVERNMENT LOAN PROGRAMS
PURCHASE | REFINANCE | CASHOUT
FHA and VA programs down to 500 FICO
USDA programs down to 550 FICO
Low down payment programs
FHA 96.5% LTV, VA/USDA 100% LTV
Manufactured property programs
Down payment assistance programs
FHA 203k and FHA 203h
CONVENTIONAL LOAN PROGRAMS
PURCHASE | REFINANCE | CASHOUT
Fannie/Freddie**
Self-employed with down payment
W-2 client with borderline credit
and low down payment
Investment/multi-unit properties
Non-occupant co-borrower
THE POWER TO CLOSE
MORE LOANS.
$399
LOW UNDERWRITING FEE
