Carrington Mortgage Services 1445

Carrington Mortgage Services caters to first-time home buyers and borrowers who have less-than-perfect credit. The company chose to fill the void left by big banks that stepped away from Federal Housing Administration loans and other “riskier” products in recent years.

The mortgage company is one of four real estate-focused businesses that fall under the Carrington Holding Co. umbrella. Besides originating and servicing mortgages, Carrington offers real estate services, property management and capital management.

This alignment of the different businesses is what allows the company to offer so many mortgages that much of its competition doesn’t, says Ray Brousseau, president of Carrington Mortgage Services. “About 95% of our production is government — meaning it’s FHA, VA or USDA — and 5% is conventional,” he says.

Carrington Mortgage Services, LLC (CMS) is a fully integrated mortgage company with lending and mortgage servicing operations, and an affiliated real estate brokerage company. They service over $10 billion in mortgages and are licensed to help you find and obtain a loan, in many states across the U.S.

When you work with a direct mortgage lender such as Carrington, you interact with the same people from the same company throughout the entire process – from application to close – ensuring you get the attention to detail that you deserve. A mortgage broker is a state licensed business that brings your loan to one or more lenders for review. They provide the consumer with an opportunity to examine a variety of home loan financing programs. Overall, your choice will depend on if you prefer to work directly with a lender or a mortgage broker who would act as your point of contact.

Their values, built on integrity, transparency and equity, enable them to select, employ and fully retain the “best and brightest” Mortgage Professionals. Carrington Mortgage Professionals are licensed by both federal and state licensing authorities.

For more options please see the Failed Credit 2018 Best Home Loan Sites Report.

Carrington Mortgage Services




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Pricing & Fees





  • Specializes in loans to borrowers with lower credit scores
  • Minimum score 550 in some cases
  • Offers down payment assistance programs through housing authorities
  • Requires online education course for borrowers
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