Lender Expands Its Product Offerings

Carrington Mortgage Services, LLC’s Wholesale Mortgage Lending Division recently added conventional loans to its portfolio of products, adding to the organization’s Government lending experience – Carrington’s.

“Together with our government product line and expertise, Carrington is the go-to lender for both government and conventional lending, ensuring we’re able to provide loan choices across the entire market to enable brokers to serve a more diverse range of customers in Bringing Their Loans Home,” said Ray Brousseau, Executive Vice President of Carrington Mortgage Services, LLC’s Mortgage Lending Division.

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Carrington’s new Conventional products include:

>>Conforming Fixed Rate Loans (Purchase/Refinance available)

>>Conforming, High Balance (Higher Loan Amounts, Purchase/Refinance)

>>Freddie Open Access (Refinance)

>>DU Refi Plus (Refinance)

>>Lender Paid Mortgage Insurance (LPMI)

>>Texas Home Equity

“With the addition of our Wholesale Lending conventional loan products, Carrington can now offer even more purchase loan options for borrowers with great credit, first-time homebuyers, those needing a low down payment and the underserved,” said Patrick Flanagan, Executive Vice President of Carrington Mortgage Services, LLC’s Wholesale Lending Division. “Combined with our great service and fast turn-times, that makes it possible for us to better serve brokers and consumers — putting more people, and more families, in the home they want.”