Carrington Flexible AdvantageSM: A Mortgage Solution for Every Situation

Hello, I'm Mike Barakat, your Home Financing Expert. One of the most rewarding aspects of my job is helping clients find mortgage solutions that fit their unique financial situations. Today, I want to introduce you to the Carrington Flexible AdvantageSM program, a mortgage option designed to provide flexibility and support for a wide range of borrowers, including those with lower credit scores, high debt-to-income ratios, or recent credit events.

What is the Carrington Flexible AdvantageSM Program?

The Carrington Flexible AdvantageSM program is a versatile home loan product that offers a tailored solution for consumers who may not qualify for conventional or government loan products. Whether you have a lower credit score, are self-employed, or have had recent credit events like foreclosure, bankruptcy, or late payments, this program is designed to help you achieve your homeownership dreams.

Key Features of the Carrington Flexible AdvantageSM Program:

• Purchase, Refinance, and Cash Out Loan Programs: Whether you're looking to buy a new home, refinance your current mortgage, or cash out some equity, Carrington Flexible AdvantageSM offers programs to suit your needs.

• Credit Scores Down to 550: This program is accessible to borrowers with credit scores as low as 550, making it a great option for those with less-than-perfect credit.

• Loan Amounts Up to $1.5 Million: With loan amounts up to $1.5 million and cash-out options up to $250,000, you can access significant funds to meet your financial goals.

• Acceptable Recent Credit Events: If you've had a recent bankruptcy, short sale, foreclosure, or history of late payments, Carrington Flexible AdvantageSM can still provide you with a mortgage solution.

• Single-Family Homes, Townhouses, and Condos: This program is versatile and can be used for a variety of property types, including single-family homes, townhouses, and condos.

• Bank Statements for Income Verification: For self-employed borrowers, bank statements can be used in place of IRS tax documents to verify income, making the application process more straightforward.

• Cash-Out Refinance: Use the cash-out refinance option to pay off higher interest rate loans, consolidate debt, pay for home improvements, or cover college expenses, potentially lowering your overall monthly payments.

• Fixed and Adjustable Rate Programs: Choose from fixed or adjustable rate programs to find the best fit for your financial situation.

• No Mortgage Insurance Required: Unlike some other loan programs, Carrington Flexible AdvantageSM does not require mortgage insurance, saving you money in the long run.

Why Choose the Carrington Flexible AdvantageSM Program?

The Carrington Flexible AdvantageSM program is designed to provide the flexibility and support you need to qualify for the financing you deserve. Whether you're a first-time homebuyer, looking to refinance, or seeking a specialized loan, this program offers a tailored solution that fits your unique financial situation.

How to Get Started:

Ready to explore the Carrington Flexible AdvantageSM program? I'm here to guide you through the process with personalized service and expert advice. Let's work together to find the mortgage solution that fits your unique needs.

At Olympian, we are committed to helping you achieve your homeownership dreams. The Carrington Flexible AdvantageSM program offers the flexibility and support you need to qualify for the financing you deserve. Don't let traditional loan qualifications hold you back—reach out today and let's start your journey to homeownership.

Ready to learn more about the Carrington Flexible AdvantageSM program? Contact me at mikeb@olympianmortgage.com or 313-629-3105. Let's make your homeownership dreams a reality together!