Carrington Mortgage Services, LLC’s Post

Term Thursday with Carrington Mortgage Services, LLC: Down payment The amount of cash you pay toward the purchase of your home to make up the difference between the purchase price and your mortgage loan. Down payments often range between 5% and 20% of the sales price depending on many factors, including your loan, your lender and your credit history. Not sure how much of a down payment you’ll need? Read more here: https://lnkd.in/gHki2uHK NMLS 2600

Congrats to our Gold Peak Performer, John Petzke (NMLS 427509)! John, a Loan Officer for Carrington Mortgage Services, is a four-time winner for this annual award which honors outstanding Carrington associates! NMLS 2600

Home of the free because of the brave! Happy 4th of July from all of us here at Carrington Mortgage Services! NMLS 2600

Carrington Mortgage Services, LLC is honored to be recognized as one of the Top Secondary Market Partners for the United States Department of Agriculture (USDA).   This award, presented earlier this month at the 2024 National Lender of the Year event, acknowledges Carrington for our continued support of affordable homeownership in rural America. Said best by our EVP of Lending Operations Jeff Gillis: “We want to do our part to help make homeownership a reality for families in these communities, and this honor recognizes our continuous efforts to provide them with real opportunities and solutions. It’s also a testament to the hard work and commitment of our Associates, who strive to deliver maximum benefit to those we serve!”    If you are interested in learning more, visit: https://lnkd.in/gfWK3cxW

Term Thursday with Carrington Mortgage Services, LLC: Abstract of title A written history of all the transactions related to the title for a specific tract of land. An abstract of title covers the period from the original source of title (often the original land grant from the United States government to an individual) to the present time and summarizes all subsequent documents that have been recorded against that tract. To learn more about Carrington Mortgage Services, LLC and services we offer, visit: carringtonmortgage.com NMLS 2600

Today we commemorate Juneteenth as Freedom Day, the official end of slavery. Happy Juneteenth! NMLS 2600

Whether you are buying your first home or purchasing an investment property, understanding the process of getting a home loan will make things go smoother for you and everyone involved in the transaction! Learn more about the steps to buying a home: https://lnkd.in/g-8ExRcM

Market Trends: Wind shift for interest rates NMLS 2600

Did you know Carrington serves the third-party origination market with both wholesale and correspondent channels? If you’re a broker or seller that wants to learn more about Non-QM, come meet us next week at IMN’s 5th Annual Non-QM Forum. We’re a Gold sponsor at this premiere Non-QM event and have several of our executives speaking at breakout sessions. Schedule time to meet with us here: http://bit.ly/44VaGGb  For more information about this event go to: https://lnkd.in/eh4NN_Ni