Affiliated Business Arrangement Disclosure Statement
Carrington Document Services, LLC
Carrington Foreclosure Services, LLC
Carrington Real Estate Services (CA), Inc.
Carrington Real Estate Services (CT), LLC
Carrington Real Estate Services (US), LLC
Carrington Mortgage Services, LLC
Carrington Property Services, LLC
Carrington Property Services, Inc. (d/b/a Azure Home in California)
Carrington Escrow, Inc.
Carrington Insurance Agency, LLC
Carrington Title Services, LLC (d/b/a Carrington Settlement Services in Pennsylvania)
Collectively referred to herein as "Carrington"
Thank you for choosing Carrington to assist you in the purchase, sale, settlement and/or financing of your home or other property. This is to give you notice that each of the Carrington companies above has a business relationship with each of the real estate settlement service providers listed below. All Carrington companies are affiliates of, or otherwise related to, the same corporate parent company, Carrington Holding Company, LLC. Because of this relationship, the referral of business to any of the following affiliated entities may provide them with a financial or other benefit.
Set forth below are the estimated charges or range of charges for the following settlement services listed. You are NOT required to use the listed service provider(s) as a condition for settlement of your loan on, or purchase, sale or refinance of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATES FOR THESE SERVICES.
Estimate or Range of Charges Generally Made by Service Provider*
Carrington Mortgage Services, LLC, Mortgage Lending provides mortgage and correspondent lending. Call (888) 267-8889 for more information.
Loan Origination Fee
0 – 3% of loan amount
Loan Discount fee/points**
0 – 3% of loan amount
$495 – $695
Underwriting Fee (if applicable)
$525 – $800
Carrington Escrow, Inc. is a duly licensed Escrow Agent holding California Department of Business Oversight Escrow License No. 963-2585. Carrington Escrow, Inc. provides escrow services solely for California transactions. Call (949) 517-6900 for more information.
$1.95 per thousand + $195.00 Base ($750.00 minimum, each side)
Loan Tie-in Fee (if applicable)
Carrington Title Services, LLC (d/b/a Carrington Settlement Services in Pennsylvania) provides closing coordination services outside of California. Call (888) 835-7402 for more information.
$250.00 to $750.00
Carrington Real Estate Services (CA), Inc.; Carrington Real Estate Services (CT), LLC; and Carrington Real Estate Services (US), LLC; and Carrington Property Services, Inc. (d/b/a Azure Home) provide real estate brokerage services. Call (949) 517-6800 for more information.
Real Estate Broker Fee
0 – 6% of purchase price
* Actual charges may vary according to the particular circumstances underlying the transaction. Rates may not be the lowest
available and are subject to change. For a free, no obligation quote, please contact the company directly.
** The loan discount fee/points are affected by the note rate. Depending upon market conditions, the loan discount
fee/points may be higher to adjust for below-market rates.
ACKNOWLEDGEMENT OF RECEIPT OF AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE
By clicking "I Accept" I acknowledge that I have received and read this disclosure form and understand that the applicable Carrington company is referring me to purchase the above-described settlement service(s) and may receive a financial or other benefit as a result of this referral.