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THE
GOOD FOR
FHA* AND
VA** LOANS
MINIMUMCREDIT SCORE
550
© Copyright 2007-2014 Carrington Mortgage Services, LLC. headquartered at 1610 E. Saint Andrew Place, Suite B-150, Santa Ana, CA 92705. 800-561-4567. NMLS ID 2600. Nationwide Mortgage Licensing System (NMLS) Consumer Access Web Site: www.nmlsconsumeraccess.org. AZ: Mortgage Banker BK-0910745; 2159 McCulloch Blvd 4, Lake Havasu City, AZ 86403. CA: Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, File 413 0904. CO: Mortgage Company Registration 2600 and Supervised Lender’s Licenses 989668 and 989668-001. To check license status of your mortgage loan originator, visit www.dora.state.co.us/real-estate/index.htm. GA: Georgia Residential Mortgage Licensee 22721. IL: Illinois Residential Mortgage Licensee. KS: Kansas Supervised Loan License SL.0000313. MN: This is not an offer to enter into an interest rate lock agreement under Minnesota Law. MS: Licensed by the Mississippi Department of Banking and Consumer Finance. MO: Residential Mortgage Broker License 09-1746-S. NH: Licensed by the New Hampshire Banking Department. NJ: Licensed by the N.J. Department of Banking and Insurance. NY: Licensed Mortgage Banker—NYS Department of Financial Services. New York Mortgage Banker License B500980/107664. NC: Carrington Mortgage Services, LLC is licensed under the North Carolina Agency Permits 102107 & 103455 and North Carolina Secure and Fair Enforcement Mortgage Licensing Act. OH: Ohio Mortgage Broker Act Mortgage Banker Exemption MBMB.850208.000 (FHA, DE & VA Automatic loans only). OR: Mortgage Lender License ML4886. PA: Licensed by the Department of Banking. RI: Rhode Island Licensed Lender and Broker. VA: Licensed by the Virginia State Corporation Commission MC-5382. WA: Consumer Loan License CL-2600 & Mortgage Broker License MB-2600. Also licensed in AL, AR, CT, DE, DC, FL, ID, IN, KY, MD, MT, NE, OK, SC, SD, TN, TX, UT, WV, WI, WY. 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 is not acting on behalf of or at the direction of HUD/FHA or the federal government. All rights reserved. CM416
The Carrington Loan means a simple process for your borrowers on their next home purchase with an FHA* or VA** Loan, and perhaps closing more deals for you. It’s a great option for borrowers with no cash to close.
NO CLOSING COSTSHome financing with The Carrington Loan.
This loan is available through our Retail Branch locations only. Please ask for The Carrington Loan so that we may direct you to one of our Retail Branch locations.Borrower is responsible for any services requested by the borrower that are not required as part of the loan (i.e. rate-lock extension, survey fee, Home Warranty, etc.).
*For FHA Loans: The borrower may elect to pay the upfront mortgage insurance that is required by the FHA in cash at closing.**For VA Loans: The borrower may elect to pay the upfront VA Funding Fee, if required by the VA, in cash at closing.The FHA and VA also require collection of reserves for the payment of taxes and insurance, and the purchase of Hazard and/or Flood Insurance may be required.
Call us today to learn more about The Carrington Loan or visit www.CarringtonHomeLoans.com/CarringtonLoan.
See how The Carrington Loan compares to a typical loan from other lenders.
TYPICAL LOAN THE CARRINGTON LOAN
YOUR CREDIT SCORE 620+ 550+
LOAN TYPE FHA or VA LOAN FHA or VA LOAN
FEES DUE AT APPRAISAL FEE PAY AT CLOSING $0
LOAN CLOSING TITLE FEE PAY AT CLOSING $0
ESCROW FEE PAY AT CLOSING $0
CLOSING COSTS PAY AT CLOSING $0
Cash to close covering financing fees: YES, CASH IS REQUIRED NO CASH NEEDED!
Natalie [email protected] ID: 1293874
