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Tag Archives: Carrington

Carrington Offering USDA Loans

Carrington Mortgage Services has announced it has expanded its portfolio of government loan programs by offering U.S. Department of Agriculture (USDA) loans through its retail and wholesale lending operations.

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Carrington Mortgage Services Builds on Leadership Team

New

The lending division of Carrington Mortgage Services announced the addition of industry vet Jeff Gillis as SVP of operations. In addition, Carrington announced the promotion of Mariano Demarin to national sales director for the firm's retail lending division.

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Carrington Mortgage Services Extends 25-Day Loan Closing Program

In Santa Ana, California, Carrington Mortgage Services, LLC announced plans to extend its retail operation's 25-Day Loan Closing program. Under the program, Carrington commits to process any qualifying loan (from the time a file is submitted to underwriting to the time that it funds) within 25 calendar days, or the company will apply a closing cost credit of $500 to the loan once it closes.

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Carrington, Equator Team Up to Provide Rental Asset Solution

Carrington Technology Solutions, LLC (Carrington) and Equator, a default servicing technology provider, teamed up to provide financial institutions, institutional investors, and large-scale property management companies with a single-family asset management suite created to maximize the performance of multiple-property portfolios.

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Carrington Rolls Out Programs to Speed Closings

The Wholesale Lending Division of California-based Carrington Mortgage Services announced two new programs designed to assist brokers and borrowers quickly and easily close in the tight housing market. As part of its "Three Day Turn Time Promise" program--offered only for the month of February--the company will decision any eligible FHA or conventional purchase loan within three days of the time it is submitted to underwriting or waive its underwriting fee of $995.

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