Overview
Effective for all loans purchased on and after February 1, 2021, Carrington Mortgage Services, LLC (CMS) will implement the following Correspondent fee schedule. The new CMS Underwriting Fees are highlighted in BLUE below:
Loan Product | Non-Delegated Fee Type | ||
Underwriting | Flood Cert | Tax Service | |
Carrington Prime Advantage | $750 | $9 | $85 |
Carrington Flexible Advantage (CFA/CFA+) | $750 | $9 | $85 |
Carrington Investor Advantage | $750 | $9 | $85 |
Conventional | $600 | $9 | $85 |
FHA | $600 | $9 | $85 |
VA | $600 | $9 | $85 |
Note: North Carolina = $150 for all products; Iowa and New Jersey = $0 for all products.
Contacts
Please contact CorrespondentRM@carringtonms.com with any questions.
Carrington thanks you for your business.