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Carrington Mortgage Services LLC is a California-based company founded in 2007 and is a subsidiary of Carrington Holding Company LLC, which operates a portfolio of businesses in the real estate realm.
The majority of the mortgages Carrington Mortgage Services originated from 2019 to 2021 were for refinancing. In 2021, about 83% were for rate-and-term refinances and cash-out refinances combined.
HousingWire sent a message seeking comment to Carrington, but it was not returned. Plaintiff Alexander took out a mortgage to purchase a property in Baltimore, Maryland, in 2005.
Carrington Mortgage Services Review While it has lots of options for first-time homebuyers, Carrington home loans have high lender fees and require a credit score higher than 620.