Carrington Correspondent

Have a borrower that doesn’t fit conventional loan qualifications? With tailored solutions, Carrington’s Jumbo Non-QM loan programs are the perfect option. Help your borrowers achieve their homeownership goals and get approved today! https://lnkd.in/gMAqki6

It's Non-Stop Non-QM Savings all month long! So, raise a glass and toast to our JUMBO special! We're waiving the underwriting fee on all Non-QM loans over $1M submitted in October. Contact us today for full details on this limited-time offer!

We're proud to be front and center on the cover of Scotsman Guide! Discover our freshly launched Non-Stop Non-QM campaign, a true reflection of our industry leadership and commitment to delivering innovative lending solutions. We are dedicated to helping loan officers and correspondents succeed with flexible solutions tailored to today's borrowers. https://lnkd.in/e4Ryt4TX #NonStopNonQM

Get ready to take your business to new heights, literally! Join us at the MBA Annual Convention in the Mile High City, where the air is crisp and the opportunities are crisper. With tech demos, networking and insightful breakout sessions it’s the ultimate summit for mortgage professionals. Book a private meeting with us at The Curtis and let's elevate our success together! 

For the third straight week, mortgage rates fell; mortgage applications increased by 11 percent, while application payments decreased by 3.9 percent; pending home sales inched up 0.6 percent; home prices continue to reach all-time highs, although they have begun to decelerate on a monthly basis; and with lower rates and more inventory, the market is hoping for an upswing during what is considered the best time of the year to buy a home. Click below to read more headlines- https://lnkd.in/grMmiMyJ

With lightning-fast turnaround times and personalized solutions, Carrington’s Non-QM Jumbo loan programs are exactly what your unconventional borrowers need! Help your borrowers achieve their homeownership goals and get approved today! https://lnkd.in/gMAqki6

Don't be tardy! Our September Specials won't last much longer. Remember, on loans submitted by September 30, 2024, the underwriting fee will be waived on ALL FHA STREAMLINES & VA IRRRLs. With rates falling, now is the perfect time! Learn more https://lnkd.in/g2kjrAE

P&L STATEMENTS SIMPLIFY INCOME DOCUMENTATION Have a self-employed borrower? No problem! Carrington Non-QM loans provide self-employed borrowers with even more flexible income documentation options. Some highlights include: • Minimum 600 FICO • 90% LTV (Purchase) / 80% LTV (Cash-out) • Max loan amount $3.5M / Max cash-out $750,000 • Use unaudited third-party prepared P&L • No rate hit for using P&L Contact your account executive today for more details!

We are proud to celebrate our 21st Anniversary today! During the past two decades, The Carrington Companies has grown to become a synergistic group of companies serving all financial aspects of single-family residential real estate; and we have built a reputation for an uncommon commitment to the homeowners we serve. 

This week, the Federal Reserve announced a half-point rate cut; mortgage rates continue to drop and housing starts are increasing; housing payments posted the biggest decline in four years; mortgage applications increased 4.4 percent; 2024 will close with the slowest pace of sales since 1995; and there’s a growing sense of optimism as we’re closing in on what is considered to be the best time of year to purchase a home. Click below to read more headlines- https://lnkd.in/gj9q-CVD