There are multiple benefits to using a Carrington mortgage over those from other mortgage companies, including no additional closing costs, no appraisal fees and no lender financing fees. Also, if there are any additional lender costs that arise, Carrington issues a credit to cover them.
Carrington Mortgage Services is a lending and mortgage company with an associated real estate brokerage. Its mission focuses on customer service. All Carrington Mortgage Specialists have both federal and state licensing. A Carrington loan is a government-insured mortgage. If any additional insurance for the loan is necessary, Carrington finances the cost of the additional insurance into the loan amount. This way, the borrower does not incur any additional out-of-pocket costs.