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March 24, 2014

Carrington Restructures Wholesale Effort, Rolls Out a 550 FICO (FHA) Loan

By Paul Muolo

According to exclusive figures compiled by Inside Mortgage Finance, almost 85 different lenders made FHA mortgages in 2013 that had FICOs of less than 550.

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

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